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Tripoli, 15 July 2018 (Lana) Oil and Gas Mellita company has announced that drilling began on two new wells at fourth platform of Al Bouri Offshore oil field. It explained that it immediately began drilling immediately after finishing technical and logistic preparations which began last month. It said the move designed to increase daily production output by increasing offshore fields. it said all studies pointed out that revnues of the two wells according to the required levels and as planned. =... Read more
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Tunis, 15 July 2018 (Lana) Team of Libyan financers discussed with IMF team in Tunis Sunday ways to confront the shadow economy in Libya and its impact on economic activities in the country. IMF experts said the size of the shadow economy exceeded 60% according to latest released reports of the total GDP for 1995 to 2016. UN envoy to Libya said last March that Libya will not be stable unless the shadow economy is eradicated, and said that conflict in Libya cannot end unless black economy is rooted out. In this respect UN Security Council issued warrants of arrest... Read more
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Tripoli, 15 July 2018 (Lana) President of Presidency Council, of the GNA, Fayez Al Sarraj met the High External Relations Representative of the EU, Federica Moghreni and her accompanying delegation, in the presence of EU ambassador to Libya and several other EU senior officials, and Foreign Minister, Mohamed Siala and Political Advisor to the President were also at the meeting. The President welcomed Moghreni and her delegation highly praising EU efforts in support of the GNA to realize stability in Libya. Al sarrj also touched on Oil crescent developments, asserting ... Read more
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Tripoli, 15 July 2018 (Lana) President of Presidency Council, Fayez Al sarraj has met UN envoy to Libya, Ghassan Salama and his deputy for political affairs. The meeting held at the premises of the Presidency Council addressed political developments in Libya, the UN officials expressed satisfaction at the end of oil port crisis at the Oil Crescent region, and NOC resuming its responsibilities of operations at these ports, under the exclusive oversight of the GNA according to UN resolutions. Salama also welcomed proposal of President of Presidency Council as expressed in... Read more
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Peking, 12 July 2018 (Lana) GNA Foreign Minister, Mohamed Siala met Tuesday in Peking with Chinese Foreign Minister and State Advisor, Wang Yi. The meeting held at the sideline of the 8th round of the ministerial meeting of Arab Chinese Cooperation Forum, focused on developing and promoting bilateral cooperation between the two countries in various fields. The Chinese Minister praised the level of bilateral relations between the two countries, reiterating the Chinese consistent stance in support of the Libyan people and their institutions and readiness of China to... Read more