Today, Tuesday, our source conducted an interview with a diplomatic official in energy security in Washington, Amoud Shukri, where the meeting tackles many issues. These are the excerpts from the meeting. Our source: “Why does Washington see Russia as a threat to Libyan oil?” Amoud: “It must be taken into account that the purpose of […]
An exclusive press interview for Sada Economic Newspaper with Mr Abdul Monsef Mahmoud Al-Shalawi, Senior Advisor for Strategic Projects and Agreements, Chairman of the Board of Directors of the National Oil Corporation – and a member of the negotiation committee with Eni and representative of the Corporation. 1- As an advisor to the head of […]
Our source has exclusively obtained correspondence from the issuance department and divisions of the Central Bank of Libya to the branches of commercial banks in all Libyan regions, during which they request the submission of their proposals for the necessary liquidity to meet the needs of the branches, with the confirmation of the Tripoli Issuance […]
The director of the media office and spokesperson for the Brega Petroleum Marketing Company, Ahmed Al-Messalati, confirmed exclusively to our source that arrangements are being made continuously to deliver fuel supplies to the southern regions through the Misrata oil depot. He added: “The daily allocated quantities range from one million and one hundred to one […]
The Undersecretary of the Ministry of Oil and Gas and member of the Board of Directors of the National Oil Corporation, Khalifa Al-Sadiq, explained that the agreement is legal and all that happened is an amendment to the agreement that was signed in 2008 to improve and encourage the strategic partner, Eni, to invest in […]
During his second regular cabinet meeting for the year 2023, held in the city of Jumayl, Prime Minister, Abdul Hamid Dbeibeh, decided to approve the minutes of the previous meeting, and to approve the establishment of branches of the Ministry of Justice within the scope of Derna Court of Appeal under the name : the […]
Our source conducted an exclusive interview with the German Ambassador to Libya, Michael Ohnmacht where the meeting tackled various topics: Here are the excerpts: Our source: “Do you have plans this year to reopen your embassy in the capital, Tripoli?” Ambassador: “The German Embassy in Tripoli had already reopened its doors and German diplomats are […]
The liquidity team at the Central Bank of Libya revealed, exclusively to our source, that today, Tuesday, the third shipment of liquidity, worth 65 million dinars, has arrived from the Central Bank of Libya, Tripoli, to the Issuing Department of the Central Bank of Libya’s Benghazi branch. This shipment is an extension of periodic shipments […]
An official source at the Central Bank of Libya in Tripoli revealed to us, that a treaty on a technical mechanism has been reached to ensure that commercial banks use their balances with the Central Bank in Benghazi in a smooth, regulated, and monthly manner. The official explained that this mechanism will enable banks to […]
The report of the Cash and Banking Control Department, of which our source obtained an exclusive copy, revealed that European countries are the most regions to which commercial banks transfer foreign exchange for the purposes of covering documentary credits or other transfers, as their relative importance during 2022 amounted to about 51.0% of the total […]
Our source exclusively obtained a copy of the report of the Banking and Cash Control Department at the Central Bank of Libya. The total foreign exchange expenditures for all purposes during the year 2022 amounted to about $28,532.000 million compared to $24,647.400 million in 2021, an increase of about $3,884.500 million. Commercial banks’ uses of […]
