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Tag: NOC
Libya seeks UN approval for weapons purchase
The Tobruk-based government has requested the U.N. Security Council’s authorization to import military equipment from Ukraine, Serbia and the Czech Republic, arguing that the weapons ... Read More
Libya: Rival governments battling for Es Sider and Ras Lanuf
Fighting for the control of eastern oil ports have broken out after Fajr Libya launched an operation to “liberate oilfields and terminals.” Last week, President ... Read More
Libya: Plans ongoing to stop oil revenues towards Tripoli, PM Thinni
As the stand-off in Libya between the two governments continues, Prime Minister Abdullah al-Thinni of the internationally recognized Tobruk government is planning to approach it ... Read More
Libya : Es Sider port reopens as Acting Oil Minster leaves
Oil exportation has begun at the Es Sider port, Libya’s biggest oil port, after being closed for a long time. The spokesman of the National ... Read More
Libya : A new law to seduce investors, NOC Chairman
Libya is drafting a law aimed at making its oil industry more attractive to foreign investors. Most of the investors left the North African country ... Read More
Libya: Protesters defy government agreement
Shortly after Prime Minister Ali Zeidan announced on Wednesday that the Al-Harriga terminal which has a production capacity of 110,000 barrels will resume production and ... Read More
Libya: Oil production slows down
The production of oil in the leading oil production country in Africa has suffered a drastic decline since its civil war in 2011. The ongoing ... Read More
Libya: Principal state firms transferred to Benghazi
Three important state firms will have their headquarters moved from Tripoli to Benghazi in the drive to give the eastern city more authority. According to ... Read More
Libyan oil to Cairo on soft terms
Two senior officials in the Libyan oil ministry have claimed that Libya could be exporting $1,2 billion worth of crude oil at world prices, but ... Read More
Libya: Oil Minister prepares industrial reform
The head of Libya’s oil ministry Abdelbari al-Arusi is planning to set up two separate institutions which will be responsible for the exploration and production ... Read More