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Local News: Economic News

National Oil Corporation announces return to operation of the Zawia refinery at its full production capacity for the two units.

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Zawia, 28 June, 2021 (Lana) - The National Oil Corporation announced the restart of the Zawia refinery with its full production capacity for the two units, with a capacity of more than 100,000 barrels.According to the Corporation's media office, operating the refinery reduces the burden on importing fuels, given that the refinery provides large quantities of these materials to the Libyan market. = ... Read more

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Governor of Central Bank of Libya discusses with Ambassador of Tunisia ways of cooperation and coordination.

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Tripoli, 15 June, 2021 (Lana) - The Governor of the Central Bank of Libya, "Al-Siddiq Al-Kabeer", met, Tuesday, in Tripoli, with the Tunisian Ambassador to Libya, "Al-Assaad Al-Ajili".During the meeting, the importance of continuing cooperation and coordination between the Central Bank of Libya and the Central Bank of Tunisia was discussed. The meeting also discussed the steps taken in facilitating and regulating the entry of goods imported from the... Read more

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Minister of Economy and Trade is following up with his Tunisian counterpart preparations for meeting of Libyan-Tunisian Joint Committee.

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Tripoli, 13 June, 2021 (Lana) - Minister of Economy and Trade, Mohamed Al-Hawij, and his Tunisian counterpart, "Mohamed Boussaid," continued the preparations for the meeting of the Libyan-Tunisian joint committee.He also discussed with his Tunisian counterpart, Mohamed Boussaid, work of the technical committees to facilitate the movement of citizens, goods and services through all ports. In a joint meeting, the two sides reviewed the preparations for the... Read more

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Libyan Coast Guard and Port Security Authority warns all foreign ships against fishing or entering the Libyan protected fishing zone.

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Tripoli, 9 May , 2021 (Lana) - The Libyan Coast Guard and Port Security Authority warned all foreign ships from fishing or entering the protected Libyan fishing zone, stressing that no foreign ship have the right to access or fish in it.The warning came in a statement issued on the website of the Naval Staff Command's spokesman, following the accident that a crew member of an Italian fishing vessel was injured last Thursday, in the aforementioned protected Libyan fishing. ... Read more

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National Oil Corporation reveals revenues for February 2021.

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Tripoli, 15 March, 2021 (Lana) - The National Oil Corporation announced that the general revenue from sales of crude oil and its derivatives in February of 2021 recorded a level of $ 1,235,710,353.98. The Foundation clarified in a statement on its website that the revenues were deposited into the foundation's account at the Libyan Foreign Bank in Tripoli, in line with the temporary arrangements in place, which ended with the formation of the government of national unity, which won the confidence.... Read more

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