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Local News: Economic News

Al-Kabeer discusses with Batili the paths of centralizing the central bank and its efforts to maintain the financial sustainability of the state.

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Tripoli, October 24, 2022 (LANA) - The Governor of the Central Bank of Libya, "Al-Siddiq Al-Kabeer", reviewed today, Monday, with the Special Envoy of the Secretary-General of the United Nations to Libya, "Abdullah Batili" the initiatives of the Central Bank of Libya in developing the level of disclosure and transparency, and the paths of unifying the Central Bank of Libya.The two sides also discussed, during their meeting in Tripoli, the efforts of the Central Bank in maintaining the financial sustainability of the state and... Read more

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Libyan oil production is one million and 189 thousand barrels.

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Tripoli, September 19, 2022 (LANA) - The National Oil Corporation announced that crude oil production has reached one million and 189 thousand barrels during the past 24 hours.On its website, it added that condensate production amounted to 51 thousand.... Read more

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HoR Finance and Planning Committee Chairperson follows up extraordinary budget of National Oil Corporation.

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Tripoli, 14 September, 2022 (Lana) - Chairperson of the Finance and Planning Committee of the House of Representatives, Omar Tantoush, held a meeting at the Cabinet with the Extraordinary Budget Follow-up Committee of the National Oil Corporation, during which the executive position of the budget, the National Oil Corporation’s plan for 2022, and the three-year plan (2022 - 2025) were followed up. according to the document prepared when preparing the extraordinary budget for the.... Read more

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NOC announces production figures of crude oil in past 24 hours.

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 Tripoli, 11 September, 2022 (Lana) - National Oil Corporation announced, Sunday, that crude oil production in the past 24 hours amounted to one million (205) thousand barrels. According to NOC released figure on its official website, condensate production during the same period amounted to (54) thousand barrels. = ... Read more

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NOC announces domestic consumption figures of natural gas.

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Tripoli, 11 September, 2022 (Lana) - The National Oil Corporation (NOC) announced that the total domestic consumption of natural gas during the past 24 hours amounted to one billion (103) million cubic feet. According to NOC, consumption of the General Electricity Company amounted to (915) million cubic feet, and the cement factories (26) million cubic feet of gas, while the quantities of gas consumed from the Iron and Steel Complex and other small factories amounted to (55) million... Read more

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