Libyan minister promises streamlined procedures for Egypt expats

Libyan Labour Minister Mustafa Al-Regbany, currently on an official visit to Egypt, has promised to “give priority” to Egyptian workers wishing to work in the North African nation. In a press statement released following a meeting with Egyptian Prime Minister Kamal El-Ganzouri, Al-Regbany said he had agreed to streamline procedures for Egyptians hoping to obtain […]

Canada’s Libya Ambassador Leaves Post, Awaits Reassignment

Canada’s ambassador to Libya, whose spouse had ties to a joint venture linked with the Gadhafi family and SNC-Lavalin Group Inc. (SNC.T), has left her post and is awaiting reassignment in Ottawa, a spokesman for the country’s foreign minister said Wednesday. Chris Day, spokesman for Foreign Minister John Baird, said Canada’s charge d’affaires in Tripoli […]

Libya still needs Britain

One of the problems of western foreign policy is that it suffers from a short attention span. Just as we took our eye off the ball in Afghanistan to deal with Iraq, we are at risk of losing sight of Libya when dealing with problems in the Middle East. As Syrian rebels fight for freedom […]

IMF sees $160 oil risk despite Libyan boost

The Libyan state oil company NOC said it will export almost 1.4m barrels a day (b/d) next month as key oil fields come back on stream. The announcement came after Saudi Arabia said it had boosted output to a near record level of 9.87m b/d in January and stood ready to cover any shortfall as […]

Oil slips towards $124 on Saudi, Libya supplies

Brent crude fell towards $124 a barrel on Tuesday as signs of increased supply from Saudi Arabia and a return to pre-war exports from Libya eased pressure on the market, while a slowdown in Chinese demand and a stronger dollar also weighed. Saudi Arabia has said it stands ready to fill in for any gap […]

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 […]