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Libyan Rivals Hold First UN-Backed Talks Medco Energi Discovers Oil and Gas Oil Output 900,000 bpd Maltese Firm hit by Libya Crisis
 
Libyan Rivals Hold First UN-Backed Talks

Libyan Rivals Hold First UN-Backed Talks

At the invitation of the United Nations Support Mission in Libya (UNSMIL), a group of parliamentarians from the Libyan House of Representatives met today in Ghadames for preliminary discussions on ways of overcoming the deficit of trust and confidence within parliamentary ranks, and resolving the current political stalemate in the country. The group of 22 […]

Medco Energi Discovers Oil and Gas

Medco Energi Discovers Oil and Gas

Indonesia’s PT Medco Energi Internasional Tbk, through its subsidiaries PT Medco E&P Indonesia (Medco E&P) and Medco International Venture Limited (MIVL), reported on Monday that it has successfully explored and discovered additional oil and gas at the O2 well in Area 47, Libya. The O2 well was spudded on 23rd May and drilled to a […]

Oil Output 900,000 bpd

Oil Output 900,000 bpd

A spokesman for Libya’s state-run National Oil Corporation (NOC) said on Sunday that oil production has fallen by 25,000 bpd to 900,000 bpd because of a strike at the Jalo oilfield. Reuters reports that output is still nine times more than several months ago when nationwide strikes crippled the industry. On Thursday, Libya reported it […]

Maltese Firm hit by Libya Crisis

Maltese Firm hit by Libya Crisis

Malta-based Alberta Group, specialising in security and fire alarms, has been forced to close its two branches in Libya – Alberta Group and ISTC Libya – as a result of the unrest in the country. Malta Today reports that all 25 of their Maltese employees were repatriated to Malta this summer while all 10 of […]

Libyan Rivals Hold First UN-Backed Talks

Libyan Rivals Hold First UN-Backed Talks

30 September 2014

At the invitation of the United Nations Support Mission in Libya (UNSMIL), a group of parliamentarians from the Libyan House of Representatives met today in Ghadames for preliminary discussions on ways of overcoming the deficit of trust and confidence within parliamentary ranks, and resolving the current political stalemate in the country. The group of 22 […]

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Posted in Politics, Security, Uncategorized0 Comments

Medco Energi Discovers Oil and Gas

Medco Energi Discovers Oil and Gas

30 September 2014

Indonesia’s PT Medco Energi Internasional Tbk, through its subsidiaries PT Medco E&P Indonesia (Medco E&P) and Medco International Venture Limited (MIVL), reported on Monday that it has successfully explored and discovered additional oil and gas at the O2 well in Area 47, Libya. The O2 well was spudded on 23rd May and drilled to a […]

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Posted in Oil & Gas0 Comments

Oil Output 900,000 bpd

Oil Output 900,000 bpd

30 September 2014

A spokesman for Libya’s state-run National Oil Corporation (NOC) said on Sunday that oil production has fallen by 25,000 bpd to 900,000 bpd because of a strike at the Jalo oilfield. Reuters reports that output is still nine times more than several months ago when nationwide strikes crippled the industry. On Thursday, Libya reported it […]

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Posted in Oil & Gas0 Comments

Maltese Firm hit by Libya Crisis

Maltese Firm hit by Libya Crisis

30 September 2014

Malta-based Alberta Group, specialising in security and fire alarms, has been forced to close its two branches in Libya – Alberta Group and ISTC Libya – as a result of the unrest in the country. Malta Today reports that all 25 of their Maltese employees were repatriated to Malta this summer while all 10 of […]

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Posted in Industry & Trade, Security0 Comments

Ending Civil War: Reconciling Politics, Rebuilding Security

Ending Civil War: Reconciling Politics, Rebuilding Security

30 September 2014

From the Carnegie Endowment for International Peace. More than three years after the fall of strongman Muammar Qaddafi, Libya is in the midst of a bitter civil war rooted in a balance of weakness between the country’s political factions and armed groups. With a domestic landscape torn apart by competing claims to power and with […]

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Posted in Politics, Security0 Comments

UN Efforts Underway To Deliver Aid

UN Efforts Underway To Deliver Aid

30 September 2014

The United Nations Resident Coordinator in Libya, Mr. Ismail Ould Cheikh Ahmed (pictured), has expressed his concern about the impact of the recent conflict in Libya on the civilian population. Tens of thousands of families have been displaced as a result of the fighting in Tripoli and Benghazi, many of them now hosted by local […]

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Turkish workers “trapped” in Ghat Airport

Turkish workers “trapped” in Ghat Airport

30 September 2014

More than 450 Turkish workers have been stranded for five days at Ghat airport, apparently trapped by fighting between armed groups, according to a report from Libya Herald. Turkish broadcaster NTV said the 457 Turks were facing shortages of food and water, and it is claimed that armed men have seized the phones, cash and […]

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Posted in Employment, Security0 Comments

Weekly Security Summary by SNE 30 September 2014

Weekly Security Summary by SNE 30 September 2014

30 September 2014

Prime Minister Abdullah Al-Thinni’s cabinet has been sworn in at a session of the House of Representatives in Tobruk on Sunday. The swearing of the 13-member cabinet, which was finally approved on 22 September, was attended by the President of the Representatives (HoR), Ageela Saleh, the two deputy presidents, HoR members and representatives of a number of civil society organizations. A new round of […]

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Posted in Security, Weekly Security Update0 Comments

Algeria Plans Fence on Libyan Border

Algeria Plans Fence on Libyan Border

29 September 2014

Libya Herald reports that Algeria is considering building an electric fence along its border with Libya because of concerns about the movement of terrorists and weapons. Citing a source at the Algerian daily, El Mihwar, it said a top-level Algerian army security meeting last week called for the erection of a fence, with trenches, running […]

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New Cabinet Sworn In

New Cabinet Sworn In

29 September 2014

Libya’s House of Representatives (HoR) has held a swearing-in ceremony for its new 10-member cabinet on Sunday. According to a report from ABC News, the country’s internationally recognized parliament also called for international aid in its battle against the Islamist-allied militias that now control Tripoli. (Source: ABC News)

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Video: Libya, A Failed State?

Video: Libya, A Failed State?

29 September 2014

From Frontline Club London. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. Is Libya on the brink of becoming a failed state? Three years after Nato-backed rebels overthrew Muammar Gaddafi and the country was held up as the success story of the Arab Spring, Libya […]

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Posted in Politics, Security, Uncategorized, Videos0 Comments

Video: Hundreds Rally in Tripoli for ‘Libya Dawn’

Video: Hundreds Rally in Tripoli for ‘Libya Dawn’

29 September 2014

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. Hundreds Libyans rallied in Tripoli’s central Martyr’s Square on September 26, 2014 in support of “Fajr Libya” (Libya Dawn), a mainly-Islamist alliance.

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Posted in Politics, Security, Videos0 Comments

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