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Local News: Economic News

Bin Qadara discusses with Al-Buraiqa Company the challenges and problems facing the company.

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Tripoli, January 19, 2024 (LANA) - Chairman of the Board of Directors of the National Oil Corporation, Farhat Ben Qadara, made an inspection visit to the Brega Oil Marketing Company at its headquarters in the capital, Tripoli.The National Oil Corporation stated on Friday that, during his visit with the Chairman of the Board of Directors of Brega Company, Fouad Belrahim, Ben Qadara was briefed on a set of challenges and problems facing the company. ... Read more

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Al-Kabeer discusses with his Egyptian counterpart in Cairo bilateral cooperation and international economic developments.

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Cairo, January 15, 2024 (LANA) - Governor of the Central Bank of Libya, Al-Siddiq Al-Kabeer, discussed today, Monday, in the Egyptian capital, Cairo, with Governor of the Central Bank of Egypt, Hassan Abdullah, bilateral cooperation and international economic developments.The Central Bank stated that the meeting addressed many issues of common interest, including regional and international economic developments, exchanging banking and financial expertise, and enhancing cooperation in the field of combating money laundering and... Read more

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Aoun discusses with the Secretary-General of the APO Organization a study of establishing a gas pipeline from Nigeria to Europe passing through Libya.

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  Tripoli, January 11, 2024 (LANA) - The Minister of Oil and Gas in the National Unity Government, “Mohamed Aoun,” discussed with the Secretary-General of the Organization of African Petroleum Producing "APO" Countries, Omar Al-Farouq, the work of an economic study to establish a gas pipeline from Nigeria to Europe, passing through Niger and Libya.  This came during Aoun’s reception yesterday, Wednesday, at the ministry’s office in Tripoli, with “Al-Farouk,” accompanied by the... Read more

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Ben Qaddara discusses with Fezzan notables the repercussions of the closure of the Sharara oil field by protesters.

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Tripoli, January 9, 2024 (LANA) - The Board of Directors of the National Oil Corporation, in the presence of its Chairman, “Farhat Ben Qaddara,” discussed today, Tuesday in Benghazi, with notables from the Fezzan region the repercussions of the sit-in that led to the declaration of a state of force majeure in the Sharara oil field near Ubari in southern Libya.  Last Sunday, the National Oil Corporation declared a state of force majeure at the Sharara oil field, against the backdrop of its closure by protesters demanding... Read more

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The Governor of the Central Bank of Libya discusses with the Ambassador of the European Union to Libya the latest developments in the unification of the Central Bank of Libya.

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Tripoli, January 8, 2024 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” discussed with the European Union Ambassador to Libya, “Nicola Orlando,” the latest developments in the unification of the Central Bank of Libya, in the presence of the economic advisor at the embassy, “Lillian Anjou.”The bank's media office stated that the meeting took place yesterday, Sunday, in its office and discussed the role of international institutions in helping to reconstruct the city of Derna and its surrounding areas,... Read more

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