Author Archive | editor2

UN Votes To Extend Libya Oil Sanctions

Security Council Extends Measures against Illicit Export of Petroleum from Libya, Adopting Resolution 2509 (2020) The UN Security Council has extended the authorization of measures against the illicit export of crude oil and other petroleum products from Libya until 30 April 2021, continuing to allow Member States to inspect designated vessels on the high seas. Adopting […]

Syrian Mercenaries “Fight Turkey’s Battles in Libya”

By Simon Speakman Cordall for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Syrian mercenaries fight Turkey’s battles in Libya Hundreds of fighters from the National Army of the Free Syrian Army (FSA) headed to Libya in December 2019 to fight alongside the Libyan Government […]

GNA introduces New Program of Public Financial Reforms

Libya’s Ministry of Finance announced a new Public Financial Reform Program on Tuesday in a major step to regulate and reform Libya’s public financial management systems. The announcement is the first step in a program of essential reform initiatives planned by the Ministry of Finance, part of its overall commitment to ensure fiscal prudence through […]

Video: EU Support to Libya in 2019

How did the EU support its Libyan neighbours in 2019? The EU Delegation to Libya has released a video that gives an overview of EU support to Libya in 2019. Through diplomatic action and bilateral support, the European Union (EU) is helping Libya return to peace and resume its political transition towards a stable, secure […]

Zawiya Refinery Shut Down, causing Further Losses

The National Oil Corporation (NOC) has confirmed that it was forced to shut down the Zawiya refinery on Saturday, February 8, 2020 as a result of a valve closure in the Hamada region, on the main pipeline between Sharara field and Zawiya refinery, halting production at the field. The refinery shutdown will exacerbate the problem […]

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 […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Rental of workover rigs, Sirte Oil Company (SOC) Drill bits, Arabian Gulf Oil Company (AGOCO) Casings and tubing, Arabian Gulf Oil Company (AGOCO) Wellheads, Arabian Gulf Oil Company (AGOCO) Upgrade the existing Fibre Optic backbone, Mellitah Oil and Gas Construction of new HVAC […]

New Career Opportunities in Libya

By John Lee. The following career opportunities in Libya have been recently advertised: Access & Security Coordinator, ACF International Grants Coordinator, ACF International Proposal Development Consultant, UNICEF Senior Protection Officer, UNHCR – United Nations High Commissioner for Refugees Procurement Officer, UNV – United Nations Volunteers Procurement Assistant, UNV – United Nations Volunteers PSS Social Worker- Facilitator, […]