First Independent Mena Newspaper
The United Nations Chief Wednesday urged Libyan eastern authorities to surrender the country’s oil installations to Tripoli-based National Oil Corporation (NOC) operating under the wig of the UN-backed Government of National Accord (GNA). “The Secretary-General recalls, as stipulated in Security Council resolution 2259 (2015), the need for unity of Libyan institutions and the exclusive right […]
The Libyan National Army (LNA), controlled by east-based warlord Khalifa Haftar, has announced taking back Libya’s two main oil ports after overcoming rival forces that lost control over the ports in September 2016. LNA spokesperson Ahmed al-Mismari Thursday said Ras Lanuf and Es Sider had been secured following days of battle with rival forces who […]
A group of unidentified youth in the Libyan eastern town of Marada has vowed to shut down oil fields over lack of employment and social services. The youth in a statement complained about an absent state, lack of health care and other services, and Marada town’s lack of road links to other communities. “We, the […]
Libya’s National Oil Corporation (NOC) announced a deal with Morocco’s Banque Marocaine du Commerce Exterieur (BMCE) to attract new investors in a move defined as slap for the UN-backed Presidential Council. NOC head Mustafa Sanalla signed a Memorandum of Understanding (MoU) with BMCE’s Ibrahim Benjelloun Touimi in Vienna on Friday making the Moroccan bank one […]
French Prime Minister Bernard Cazeneuve Friday in Tunis underlined France’s stance on the control of the Libyan oil saying that the National Oil Corporation (NOC) must align with UN-backed Presidency Council (PC). The French leader met with PC head Faiez Serraj in the Tunisian capital as a gesture of support for the weak UN-sponsored Libya […]
Russia’s oil firm Rosneft has signed cooperation framework agreement with Libya’s National Oil Corporation (NOC) opening the door wide to Russian investments as Moscow deepens its foray into the chaotic North African country. The agreement signed between Rosneft’s Igor Sechin and NOC’s Mustafa Sanalla in London on Monday allows the Russian company to explore Libya’s […]
Head of UN-backed Presidential Council (PC) Faiez Serraj has appointed finance minister to help release life-saving funds help up by Central Bank of Libya (CBL) at odd with Libyan unity government. Libya has been without financial minister since the inception of the unity government in December. Fakhr Muftah Bufernah aligned House of Representatives (HOR), initially […]
Libyan National Army (LNA) forces, led by military veteran Khalifa Haftar, Sunday pushed back attempts by the Petroleum Facilities Guard (PFG) to re-take two oil ports that they had lost several days ago, reports say. LNA released pictures of destroyed vehicles, claiming they belong to the PFG, Libya Herald reports. PFG, commanded by Ibrahim Jadhran, […]
Head of Libya’s Unified National Oil Corporation (NOC) Wednesday announced immediate exportation of the Libyan oil following capture of oil crescent by General Khalifa Haftar forces despite threats of sanctions by western powers supporting the Government of National Accord (GNA), reports say. chairman of the NOC Mustafa Sanalla visited Zueitina; one of four oil terminals […]
The recent takeover by Libyan forces of the coastal city of Sirte from IS, is a major setback for the terrorist organization. Yet, this victory against a common enemy that brought together Libya’s rival militias in a united front against IS raises concerns regarding Libya’s unity. Despite UN-led support for the Government of National Accord […]