The Oil Budget Follow-up Committee discussed, in its second meeting of the current year, the National Oil Corporation's (NOC) operational and development plan, which aims to raise production to two
Food price inflation continued to rise at high levels in most North African countries, but Libya was the only exception due to continued subsidies on consumer goods, according to the United Nations
The Libyan Prime Minister Abdul Hamid Dbeibah made an inspection visit to the Ministry of Economy and Trade on Monday to follow up on the workflow in the ministry and its emergency room regarding t
Operations to install an oil refinery in the south will begin within 36 months, the National Oil Corporation (NOC) chief, Farhat Bingadara, has confirmed.
The Undersecretary of the Ministry of Industry, Mustafa Al-Samo, has discussed with representatives of a number of Chinese companies, their return to work from Libya and create partnerships with th
Brega Oil Marketing Company attributed the congestion at the gas stations to a sharp decrease in the quantities of fuel programmed for transfer from Al-Zawiya depot and its impact on the Tripoli de
US oil firm Halliburton is expected to soon sign a $1B agreement with Libya's state-owned National Oil Corporation (NOC) to rebuild the Al-Dhara oil field in central Libya, and Honeywell is set to
The head of the UN Support Mission In Libya (UNSMIL), Abdoulaye Bathily, said on Friday that he will seek other alternatives if the House of Representatives (HoR) and the High Council of State (HCS
The United States Geological Survey (USGS) has announced the discovery of two large oil and gas basins spanning vast areas stretching between Libya and Tunisia.
The Minister of Labour and Rehabilitation, Ali Al-Abed, has called for facilitating the entry of Egyptian workers working in the implementation of the Third Ring Road project in Tripoli, and the pr
The Brega Oil Marketing Company has confirmed that the traffic congestion on fuel stations in Tripoli and western region is due to the refusal of the Highway Fuel Distribution company to collect an
The Minister of Economy in the Government of National Unity, Mohammed Al-Huwaij, affirmed that the Ministry has referred the Consumer Protection Law to the competent authorities.
The National Oil Corporation (NOC) announced, on Sunday, that the production of crude oil in the country reached 1,2 million barrels during the past 24 hours, and the production of condensate reach
Director General of the Tripoli International Fair, Islam Jaafar, discussed with the commercial attaché at the Spanish Embassy in Libya, Margarita Bilbao, on Thursday arrangements for Spain's parti
The Head of the National Audit Bureau, Khaled Shakshak, has discussed with US Chargé d'Affaires, Leslie Ordeman, last Thursday, the continuous cooperation in enhancing financial control and transpa
The International Monetary Fund (IMF) says the growth prospects for Libya's economy will remain fixed with oil and gas production over coming years, in a concluding statement following the IMF staf
A delegation of Palestinian businessmen arrived in Tripoli, headed by Manal Al-Dasouki, Director General of Trade at the Palestinian Ministry of Economy, to discuss the possibilities of economic co
The head of the Audit Bureau, Khaled Shakshak, has met a delegation of World Bank experts, headed by a specialist in public finance management, Winston Percy, within the framework of the experts’ v
The International Monetary Fund (IMF) is collecting the necessary economic and financial information to the reality of the Libyan economy to make proposals regarding its local economy, according to
South Korean engineering and construction giant Daewoo announced signing a contract with the General Electricity Company of Libya (GECOL) to build gas-fired power plants in Libya.
The Chairman of the National Oil Corporation (NOC), Farhat Bengdara, said that Libya was preparing to conduct the oil and gas licensing round for 2024, adding that if Libya succeeded in conducting
The Libyan Prime Minister Abdul Hamid Dbeibah said businesspersons should be supported because they make up the most important class in Libyan economy, adding in his speech at the first gathering o
The Chairman the National Oil Corporation (NOC), Farhat Bengdara, stressed the need for US companies to return to work in the oil and gas sector in Libya, adding in his meeting with US Deputy Secre
The Libyan-Tunisian bilateral business meetings forum opened in Tripoli on Monday, under the slogan “Tunisian-Libyan Partnership and Integration to Access Global Markets”.
The Libyan Prime Minister Abdul Hamid Dbeibah discussed on Tuesday with the Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabir and the Head of the Audit Bureau, Khalid Shakshak, the gov
The head of the Audit Bureau, Khaled Shakshak, discussed with the South Korean Ambassador, Lee Sang-soo the obligations of Korean companies in favour of the Libyan state and setting up a mechanism
The Libyan Prime Minister Abdul Hamid Dbeibah, accompanied by the Minister of Economy and Trade, Mohammed Al-Huweij, in the presence of the ambassadors of Tunisia and Turkey, the commercial attache
Minister Muhammad Al-Hawij of Economy and Trade has ensured consumers that Ramadan essential foodstuff and commodities will be fully available during the holy month, vowing to follow up on the docu
The Libyan Prime Minister Abdul Hamid Dbeibah asked the Ministry of Finance to provide the cabinet with data on the balances of the accounts of embassies and diplomatic missions according to the ap
The Chairman of the Board of Directors of the Benghazi Chamber of Commerce, Industry and Agriculture, Saleh Al-Obeidi, said it would host a huge exhibition in Libya under the slogan “Made in Egypt”
The Minister of Finance, Khaled Al-Mabrouk, and the Minister of Oil and Gas, Mohammed Aoun, have discussed with the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Ha
The Minister of Economy and Trade, Mohammed Al-Hawij, has met with a number of experts and academics specialized in economic affairs, to discuss developing the national economy.
The Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, who visited Tripoli Wednesday, discussed issues related to the oil and gas sector, hailing Libya
The Minister of Economy, Mohammed Al-Hawij, has held an expanded meeting that included the undersecretaries of the ministry and officials of its affiliated bodies, to discuss the strategic plan of
The Head of the Presidential Council, Mohammed Menfi, his deputy Abdullah al-Lafi, discussed with the Prime Minister Abdul Hamid Dbeibah on Tuesday spending priorities for 2023, according to the go
The Minister of Economy and Trade, Mohammed Al-Hawij, has discussed with the Director of the Regional Office of the African Development Bank, Mohammed Al-Azizi, cooperation to define priorities, pl
The Libyan Airlines company announced the unification of the management in the east and west of Libya, after its board of directors took over the company’s headquarters in the city of Benghazi, in
The CEO of the Italian contracting company Bonatti, Andrea Colombo, said that Libya is a promising market for Italian companies operating in the onshore oil and gas supply chain, pointing out that
Tripoli will host the second Libyan-German Economic Forum, with the participation of a large delegation of businesspersons representing German companies.
The Director of the Tripoli International Fair, Islam Jaafar, received a Tunisian delegation headed by the Export Promotion Centre Chief, Murad Bin Hussein.
The Minister of Economy and Trade, Mohammed Al-Huwaij, has stressed the importance of preserving the strategic stock of grain, encouraging its cultivation locally, and increasing the dependence on