Port Blockage Costs Libya $1bn in Lost Oil Revenues

By John Lee. The National Oil Corporation (NOC) has announced a drop in production as a result of the blockade of ports and pipelines to the current level of 135,745 b/d, as of  Monday February 17, 2020, with losses exceeding 1 billion USD  at  1,616,886,132 USD. The NOC renews its call for all blockades to be lifted to allow the corporation to resume production […]

Weekly Security Report from Whispering Bell

Advertising Feature Whispering Bell produces a 7-10 page report that covers the past week of political, security, and economic events that occurred within Libya, comprehensive data/risk collection, maps for country-wide security events, and includes forward-looking analysis on the political and security situation over the coming weeks. Please click here to download an edited version of […]

Video: Libya Ceasefire Talks Resume in Geneva

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. Talks to establish a lasting ceasefire in Libya have resumed in Geneva. It is the latest attempt to forge a political deal between Libya’s internationally-recognised government and renegade military commander Khalifa Haftar. But as […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Establishing and updating of MOG quality procedures, Mellitah Oil and Gas VSAT Internet Services, Mellitah Oil and Gas Upgrade of oil metering system at Tobruk Terminal- Project No: K-62, Arabian Gulf Oil Company (AGOCO) Replace MCC & generator protection & control panels of […]

New Career Opportunities in Libya

By John Lee. The following career opportunities in Libya have been recently advertised: Communication Specialist, UNICEF – United Nations Children’s Fund Assistant Protection Officer, UNHCR – United Nations High Commissioner for Refugees Senior Finance Officer, International Rescue Committee (IRC) Communications Associate, UNDP – United Nations Development Programme Project Associate, UNDP – United Nations Development Programme Political […]

19% Drop in Libyan Oil Revenues in January 2020

By John Lee. The National Oil Corporation (NOC) has reported  January 2020 revenues of approximately  1.77  billion USD ($1,768,879,320.49),  a  decrease  of  around  418  million USD (19% ) on  December 2019 revenues and an increase of around 167 million USD (10.4%) compared with  January last year. NOC’s revenues come from sales of natural gas, crude oil and assorted […]

Zallaf Opens New Office near Erawin Field

By John Lee. Zallaf Oil & Gas Exploration and Production Company, a subsidiary of the National Oil Corporation (NOC), opened a new operations office in Awinat on Sunday February 16, 2020, to follow up on the development of the Erawin field adjacent to the city. The company has already started operations in the region; and production […]

Democrats call on Trump to Sanction Hafter

By Bryant Harris for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Democrats call on Trump to sanction Libyan warlord Khalifa Hifter Democrats are calling for sanctions on Libyan warlord Khalifa Hifter [Haftar] amid concerns that the Donald Trump administration has been too […]