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Local News: Economic News

Mellitah Company completes the drilling of oil well No. (FC25) with a production capacity of (7,500) thousand barrels of oil per day.

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Tripoli, April 23, 2023 (LANA) - Mellitah Oil and Gas Company announced the completion of the drilling of oil well No. (FC25), the second for this year, with a production capacity of "7,500" thousand barrels of oil per day, without the presence of associated water.The Mellitah Company had announced, earlier, the drilling of oil well No. (FC24) on "January 31" in the El Feel field, with a production capacity of about 7,200 barrels per day....)...... Read more

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Ministry of Foreign Affairs and the Oil Corporation are coordinating to sign agreements with international oil companies

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Tripoli, April 13, 2023 (LANA) – The Minister of Foreign Affairs and International Cooperation, Najla Al-Mangoush, discussed with the President of the National Oil Corporation, Farhat bin Qadara, on Wednesday, aspects of cooperation and coordination between the ministry and the Corporation to activate agreements with international oil companies.The Ministry of Foreign Affairs and International Cooperation said that the meeting, which was held at the ministry's headquarters, comes within... Read more

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The National Oil Company announces that crude oil production has reached one million and 223 thousand barrels per day.

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Tripoli, April 6, 2023 (LANA) - The National Oil Corporation announced today, Thursday, that the production of crude oil reached 1 million 223 thousand barrels per day, and the production of condensate reached 53 thousand barrels per day during the past 24 hours.The corporation added on its Facebook page that the total domestic consumption of natural gas amounted to 901 million cubic feet during the same period.                                ; ... Read more

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Oil production in Libya amounts to one million and 207 thousand barrels per day.

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Tripoli, March 28, 2023 (LANA) - The National Oil Corporation announced that crude oil production amounted to one million and 207 thousand barrels per day during the past twenty-four hours.The corporation added on its Facebook page that the production of condensate amounted to 54 thousand barrels per day during the same.... Read more

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UN-EU coordination meeting on sustainable development projects in Libya.

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Tripoli, March 26, 2023 (LANA) - A coordination meeting was held in the capital, Tripoli, between the European Union and the United Nations to discuss ongoing and future coordination efforts to implement sustainable development projects in Libya.During the meeting, representatives of the European Union and the United Nations stressed the importance of continuous coordination to ensure the successful implementation of development projects and increase their benefits to the Libyan. ... Read more

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