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Washington Post: U.S. Initiative Faces Growing Pressure as Major American Oil Company Leaves Libya

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The Washington Post reported Monday that the Trump administration’s efforts to open Libya’s oil sector as an alternative source of Gulf supplies amid the war with Iran are facing growing obstacles f…
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Bloomberg: Egypt and Libya Consider $1 Billion Oil Pipeline Project

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Bloomberg reported on Monday that Egypt and Libya are nearing the launch of a joint project to construct an 800-kilometer oil pipeline connecting the city of Tobruk with Alexandria to transport Liby…
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British Report: Corruption in Libya Extends Beyond Oil to the Pharmaceutical Trade — Details

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Tim Eaton, a researcher with the Middle East and North Africa Programme at Chatham House, said on Monday that recent investigations into the fuel and pharmaceutical sectors reveal that Libya’s crisi…
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Turkish Anadolu Agency Reveals Investment Plan Between Libya and China to Reduce the Country’s Dependence on the US Dollar

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The Turkish Anadolu Agency reported on Sunday that China’s cross-border interbank payment system will allow Libyan banks to send and receive payments directly in Chinese yuan. The agency indicate…
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Bolivian Newspaper: Criminal Networks in Latin America Are Smuggling Cocaine to Libya

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The Bolivian newspaper Deber reported on Tuesday that authorities foiled an attempt to smuggle 123.1 kilograms of cocaine after discovering the drugs concealed inside the components of a dismantled…
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Oil Price: Global Oil Companies Step Back but Keep Their Eyes on Libyan Oil… Here Are the Details

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The oil website Oil Price revealed on Sunday that Libya has returned to the focus of major global oil companies, as Washington seeks to transform a fragile military breakthrough into a new source of…
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US Website Reveals Production Sharing Agreements Between Libya’s National Oil Corporation and Foreign Companies

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The U.S. website Discovery reported on Tuesday that production sharing agreements in the oil and gas exploration sector are contractual arrangements designed to separate the financial risks of explo…
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Key Findings from the Economic Track Report on Libya’s Financial and Economic Situation

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A report issued by Libya’s Economic Track has highlighted a series of serious fiscal and economic imbalances, warning that without comprehensive reforms the country faces accelerating economic deter…
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US Website: Reveals Libya’s Fuel Crisis And Its Continuation Despite Increased Production – Here Are The Details

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The American website “Aeroporter” revealed in a report today, Saturday, that the scenes witnessed in Libya during the Eid al-Adha holiday were highly impactful, as long queues formed in front of fue…
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Behind the Fuel Crisis: Who Really Controls Brega?

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Following weeks of citizen complaints and long queues forming at fuel stations, Brega Petroleum Marketing Company appears to have only acknowledged the existence of a real crisis by the time of Eid…
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