Local News: Economic News
Ministry of Foreign Affairs and the Oil Corporation are coordinating to sign agreements with international oil companies
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Tripoli, April 13, 2023 (LANA) – The Minister of Foreign Affairs and International Cooperation, Najla Al-Mangoush, discussed with the President of the National Oil Corporation, Farhat bin Qadara, on Wednesday, aspects of cooperation and coordination between the ministry and the Corporation to activate agreements with international oil companies.The Ministry of Foreign Affairs and International Cooperation said that the meeting, which was held at the ministry's headquarters, comes within... Read more
The National Oil Company announces that crude oil production has reached one million and 223 thousand barrels per day.
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Tripoli, April 6, 2023 (LANA) - The National Oil Corporation announced today, Thursday, that the production of crude oil reached 1 million 223 thousand barrels per day, and the production of condensate reached 53 thousand barrels per day during the past 24 hours.The corporation added on its Facebook page that the total domestic consumption of natural gas amounted to 901 million cubic feet during the same period. ; ... Read more
Oil production in Libya amounts to one million and 207 thousand barrels per day.
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Tripoli, March 28, 2023 (LANA) - The National Oil Corporation announced that crude oil production amounted to one million and 207 thousand barrels per day during the past twenty-four hours.The corporation added on its Facebook page that the production of condensate amounted to 54 thousand barrels per day during the same.... Read more
UN-EU coordination meeting on sustainable development projects in Libya.
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Tripoli, March 26, 2023 (LANA) - A coordination meeting was held in the capital, Tripoli, between the European Union and the United Nations to discuss ongoing and future coordination efforts to implement sustainable development projects in Libya.During the meeting, representatives of the European Union and the United Nations stressed the importance of continuous coordination to ensure the successful implementation of development projects and increase their benefits to the Libyan. ... Read more
South Refinery contract Signed between Zallaf Libya and US Honeywell consortium.
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Tripoli, March 26, 2023 (LANA) - The first contracts for the construction of a refinery in the south were signed in Tripoli, Sunday, between the Zallaf Libya Company for Oil and Gas Exploration and Production, and the American Honeywell-UOP consortium. Zallaf Libya stated that this contract stipulates that "Honey Well - UOP" will carry out primary engineering work for the refining units and grant technical licenses for the licensed units. The company... Read more
