Local News: Economic News
Chambers of Commerce in Libya and Lebanon sign agreement calling for speedy start of procedures for direct flights.
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Beirut, 13 November, 2022 (Lana) - The General Federation of Chambers of Commerce, Industry and Agriculture signed with the Federation of Chambers of Commerce in Lebanon, and agreements that provides for the speedy start of direct flights procedures and facilitating procedures for treating oncology patients in internationally accredited Lebanese hospitals.This came at the conclusion of the visit of the President of the General Union, Mohamed Al-Raid to Lebanon and his meeting with... Read more
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
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
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
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