JP Morgan: Libyan Oil Output to Reach 1.3 Mbd by Mid. 2012

Analysts at the major U.S. investment bank JP Morgan revised up their forecasts on the Libyan oil production level to 1.3 million barrels per day. According to the analysts’ monthly report on oil market, Libya can reach such a production level by the end of the second quarter of 2012. Earlier, analysts predicted the Libyan […]

Iran Wants OPEC to Adjust Output for Libya, Iraq Oil, Mehr Says

Iran’s Oil Minister Rostam Qasemi said some OPEC members should curtail output to accommodate the return of Libyan crude to markets and an increase in Iraqi production, the state-run Mehr news agency reported. Iran will suggest at the planned Dec. 14 meeting of the Organization of Petroleum Exporting Countries that members of the group that […]

Libyan leaders pledge forgiveness for Kadhafi loyalists

Political and religious leaders from across Libya gathered in Tripoli on Saturday (December 10th) for a national reconciliation conference. “We are capable of forgiveness and tolerance,” said Mustafa Abdel Jalil, head of the National Transitional Council (NTC). “We are capable of absorbing our brothers who fought the rebels and also capable of absorbing every person […]

Turkish construction firms speed up Libyan reconstruction effort

Turkey is working to make good on its pledges for Libya’s reconstruction as the government plans to build a new physiotherapy clinic, the Anatolia news agency reported Monday. The new clinic will be built in Misrata, as promised by Turkish Prime Minister Recep Tayyip Erdoğan during a visit last September. Representatives from Turkish construction companies […]

Unfreezing the Money

On 8 December the Libyan leadership wrote to the United Nations calling for funds frozen by the Security Council at the beginning of the revolution to be released. The letter was signed by Mustafa Abdel Jalil chairman of the National Transitional Council, Abdurrahim El-Keib interim Prime Minister, Hassan Ziglam Finance Minister and Saddeq Omar Elkaber […]

Libya’s new battle is getting young people into jobs

According to the International Labour Organization, we are facing the biggest unemployment crisis in a generation. Before the Arab Spring, 22% of young Libyans were jobless. In Egypt, the figure rose to 27% and in Tunisia, 31% of young people were out of a job. The problem is all the more acute because two in […]

Libya: Over a 100 Surgeons to Hone Skills

More than 100 surgeons will enhance their skills treating gunshot- and blast-wounded patients in a seminar that will be held at the Abu Salim Hospital in Tripoli December 12 to 14. The training is being co-organised by the International Committee of the Red Cross (ICRC) and Libya’s Ministry of Health. Aziz El Bakush, the director […]

NTC representative describes road ahead

With Libya’s new interim government less than a month old, challenges are adding up for the National Transitional Council (NTC). From disarmament and reconstruction to building state institutions, the nation’s aspiring democrats have an enormous task ahead. Magharebia sat down with NTC representative Intissar al-Akili in Benghazi to ask her what the government plans to […]