Pulbished on:
Brussels, 17 December 2016(Lana) Belgian police have succeeded in dismantling a network engaged in smuggling weapons and military hardware to Libya in a Brussels area. The Federal Prosecution announced in a statement on Wednesday that the Police storming of the area was in response to an order from the investigation Judge in connection with investigation of activities of money laundering and arms smuggling to Libya by companies based in the UAE, the US, Niger and Belgium. The statement said the activities were in violation of weapons legislation and the embargo imposed... Read more
Pulbished on:
Tripoli, 17 December 2016(Lana) The Head of the Libyan National Oil Company Mustafa Sunallah said Libya's oil production has reached 600000 bpd, saying he expected production to increase to 900000, after the reopening of the Al Fil and Sharara pipeline valves once the money for maintenance of equipment and loading lines. Sun'allah said in press statements production standards could reach 1.2 million barrels a day in 2017 once all fields and terminals operate normally. =... Read more
Pulbished on:
11 a Barrel Vienna, 16 December 2016(Lana) Oil prices rose on Friday amid reports of producers telling consumers they were decreasing supply futures. Brent oil futures rose by 9 cents from last session to $54.11 a barrel. OPEC key members began informing consumer agents of decreasing supply from January, as the organisation and other non-OPEC producers seek to cut down production to boost prices. =... Read more
Pulbished on:
Developments in Libya and underway efforts to implement the Al Sukheirat agreement were discuss at the meeting. Cairo hosted over the last couple of days a meeting for Libyan personalities , during which a number of proposal were discussed, in a bid to overcome the obstacles facing implementation of the 2015 Al Sukheirat Agreement within the framework of agreed Libyan national principles. =... Read more
Pulbished on:
' According to 'Russia Today' satellite channel, Lavarov called, at a meeting with the Speaker of Libyan Parliament Agila Saleh in Moscow, for ways to be found to promote national reconciliation in Libya with regard to the UN Security Council resolutions. On his part, the Speaker of the Libyan Parliament highlighted the relationship between Libya and Russia, particularly in the economic area, and praised Russia's role vis a vis Libyan issues. =... Read more