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Local News: Economic News

Al-Kabir discusses with Shakshak reviewing the Central Bank’s financial statements and facilitating audit operations.

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Tripoli, February 14, 2024 (LANA) - The head of the Libyan Audit Bureau, Khaled Shakshak, and the Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, discussed during their meeting today, Wednesday, the review of the bank’s financial statements and overcoming the difficulties facing the audit operations.In their meeting, held at the Audit Bureau headquarters, and in the presence of the concerned departments from both sides, the two sides discussed the possibility of agreeing on a plan according to which audit operations... Read more

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National Oil Corporation: The total value of oil and gas sales during the month of January ($1,707,519,128.59).

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Tripoli, February 12, 2024 (LANA) - The National Oil Corporation revealed the value of revenues received from foreign sales of crude oil, gas and their derivatives for the month of January 2024.  According to what the corporation published on its official page, the total value of foreign sales of crude oil, gas, condensates, petroleum products, and petrochemicals during the month of January amounted to $1,707,519,128.59.  )... Read more

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The Central Bank and the Libyan Intelligence Service discuss cooperation in the field of combating money laundering and terrorist financing.

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Tarhuna, February 8, 2024 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” met in his office in Tripoli this Thursday morning with the head of the Libyan Intelligence Service, Lieutenant General “Hussein Al-Ayeb.”According to what was published on the bank’s official Facebook page, the meeting discussed areas of cooperation within the jurisdiction of the National Committee for Combating Money Laundering and Terrorist Financing....)...... Read more

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Mellitah Oil and Gas announces its victory in a case before the Paris Court of Appeal against Sicon Company.

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Tripoli, February 8, 2024 (LANA) - Mellitah Oil and Gas Company announced that it won a case before the Paris Court of Appeal against Sicon Oil and Gas Company, demanding compensation exceeding millions of dollars.The company said in a statement on its official page on Facebook that the Paris Court of Appeal issued its ruling rejecting the appeal submitted by Sicon Oil and Gas Company in the ruling issued by the Court of Arbitration at the International Chamber of Commerce (ICC - Paris) in the lawsuit filed by the... Read more

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(Al-Kabir), (Shakshak), and (Bin Qadara) meet to increase oil production.

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Tripoli, January 31, 2024 (LANA) - Today, Wednesday, an expanded meeting was held that included the Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” the head of the Audit Bureau, “Khaled Shakshak,” and the Chairman of the Board of Directors of the National Oil Corporation, “Farhat Omar Bin Qaddara,” in Tripoli.The bank's media office stated that the meeting included a presentation on projects to increase oil production, the financial allocations required for those projects, the fuel payment mechanism, and the... Read more

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