Al-Dharat Warns of the Devastating Impact of the Financial Crisis on Living Costs in Libya
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Mohamed Al-Dharat, the head of the Libyan Foreign Bank, warned of the devastating impact of the financial crisis on living costs in Libya.
Al-Dharat stated on the sidelines of a roundtable on ene…
Nova Agency: Restoring Libya’s Oil Production to Pre-2011 Levels is Essential
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The Italian Nova agency reported today, Tuesday, that Eni plans to significantly increase gas production in Libya starting from the end of 2026.
Martina Opizzi, Eni’s North Africa and Middle East…
Oil Review: Libya Prepares for Oil and Gas Licensing Round Early Next Year – Details Inside
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Oil Review reported on Monday that Libya is set to open a licensing round for oil and gas in early 2025, targeting concessions in the Murzuq, Ghadames, and Sirte basins.
The site noted that this…
US Ambassador: Libya Needs Swift Actions to Restore Trust in the Central Bank
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The US Ambassador to Libya, Richard Norland, stated in an interview with Egyptian television on Sunday that the recent action taken by the Libyan Presidential Council is a unilateral move and a risk…
Bloomberg: Libyan Oil Exports Double Despite Imposed Restrictions
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Bloomberg reported today that Libya’s oil exports increased last week, even though authorities in the east of the country have not lifted restrictions on flows.
According to Bloomberg, the averag…
Exclusive: Al-Zantouti: “Oil-for-Food Cannot Be Implemented Due to Name Conflicts Over the Central Bank”
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Financial expert Khaled Al-Zantouti stated in an interview with Sada Economic Newspaper regarding the possibility of the Libyan economy reaching an oil-for-food scenario if Al-Kabeer does not return…