Telecom services gradually restored in Libya

Reconstruction is proceeding across Libya in a variety of vital sectors. Magharebia recently sat down with an official from the state telecom provider to see where things stand. Engineer Mourad Belal, head of the media and documentation department at Libya Telecom and Technology, told Magharebia that under the old regime, the company was prevented from […]

Weekly Security Review

AKE Oil Infrastructure Report AKE has produced the first independent security and risk assessment of Libya’s major oil producing and refining facilities. Designed to provide accurate and actionable information to companies looking to enter or re-enter the oil-rich North African state, the project aimed to assess the threat level in the areas most associated with […]

Brent slips as Libya to export more, US crude up

Brent crude prices edged lower in tug-of-war trading on Monday as an increase in Libyan oil exports and rising production by Saudi Arabia countered continuing market support from tensions over Iran’s nuclear program. After strengthening, the dollar index weakened, supporting dollar-denominated oil to help push U.S. crude higher as the April contract approaches its Tuesday […]

Libya firms sues Zambia over seizure of telecom

Libya’s LAP Green Networks is suing the Zambian government for $480 million over the seizure of its 75 percent stake in the country’s only fixed line telephone operator, the company said on Monday. “We are compelled to take this course of action as dictated by the procedure set out in Zambian law,” LAP Green said […]

Full return of Libyan oil to ease global pressure

Libya’s oil exports are set to return to full pre-war levels by April this year, beating even the most optimistic estimates and potentially easing a global shortfall of oil caused by outages and conflicts. Libya plans to export almost 1.4 million barrels of oil per day (bpd) in April, a senior National Oil Corp (NOC) […]

Women and youth vital to Libya’s future: Pelosi

Libya must invest in education and include youth and women on the road to democracy, US congressional minority leader Nancy Pelosi said on Saturday during a visit to Tripoli. “Of special interest to us is the role that women and young people have played, are playing, and hopefully will play in the brilliant new democracy […]

More men unemployed than women in Libya: report

Libya is the only Arab country where there are more unemployed men than women, a report by the Arab League showed. Unemployment for women in Libya stands at 18 percent while for men the figure is 21 percent. Libya stands out from other Arab nations where women unemployment is higher than men. The report, based […]

Libyan civil war increased European demand for Colombian oil: Report

The International Energy Agency (IEA) said Libya’s civil war increased European demand for Colombian oil, in a press report released Wednesday. According to the report, Europe accounts for 85% of Libya’s crude oil exports and was forced to look elsewhere during the civil war last year. Colombian crude oil exports to Europe reached 80 thousand […]