Eastern-based NOC pulls out of Oil Agreement

By John Lee. The chairman of the Eastern-based National Oil Corporation (NOC), Naji al-Maghrabi (pictured), has announced that he will not continue with the agreement to unify the rival eastern- and western-based oil organizataions. According to a report last week from the eastern-based LANA news agency, one of he reasons for the decision was the […]

UK Lawmakers push for Urgent Engagement with Haftar

A report by the Conservative Middle East Council (CMEC) — an influential body set up to ensure that British Conservative parliamentarians understand the Middle East — has urged the UK to engage with Khalifa Haftar, the Libyan National Army (LNA), and the Tobruk-based House of Representatives (HoR). It also says the UK should reconsider its relationship […]

EU Working Hard with Partners to Solve Libya Crises

EU High Representative Federica Mogherini attended the first meeting of the Libya Quartet held in Cairo on Saturday 18 March. The European Union’s work to help solve the crisis in Libya is all-encompassing and involves broad cooperation with its partners, said the High Representative. The Quartet was created when the United Nations, African Union and […]

Kobler: Violence, Hateful Rhetoric threaten Conflict in Libya

Warning of escalating tension across the North African country due to mobilization of forces, worsening security situation in capital, Tripoli, as well as recent violence in Misrata and Benghazi, the United Nations envoy for Libya today called on all parties to unite and to put the country ahead of their “own narrow interests.” “Do not […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Libya Business News readers. Prepared by GardaWorld’s Risk Analysis Team in the country, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of […]

Curfew Announced in Sirte

The Misrata-aligned Al Bunyan Al Marsous (BAM) has implemented an ‘indefinite curfew’ in Sirte, from 2000 – 0700hrs each evening. They claim that the curfew is due to the movement of “IS fugitives” in the South of the City. (Source: GardaWorld)

Coastal Highway west of Tripoli to Reopen “Partially”

A government official speaking anonymously has been quoted in the media stating that the Coastal Highway will reopen soon following a meeting between the Zawiyah Crisis Committee and parties from Warshefana. He said that the only condition was that the Interior Ministry would provide troops to secure the road; external groups would not be allowed […]

OMV’s Libya Production “Ongoing”

By John Lee. Austrian energy company OMV has said its oil production in Libya is “ongoing“, and the increases are expected this year. A spokesperson for the company told UPI: “OMV production is ongoing, with a planned level of 10,000 barrels per day for the full year 2017.” (Source: UPI)