Oil production increasing slower than expected

The International Energy Agency (IEA) stated that Libyan oil production is progressing faster than anticipated but it was unlikely to reach pre-conflict output levels before 2013. This is in contrast to official Libyan estimates which suggest oil output levels could be fully restored by June 2012.  

Niger granted asylum to Saadi Gaddafi

This decision comes in defiance of Interpol’s request to extradite Saadi Gaddafi. Gaddafi’s second son, Seif al Islam, remains at large, according to the Tripoli Post. In other extradition news, Middle East Online reports that Mustafa Abdel Jalil promised that former Prime Minister Baghdadi al-Mahmudi will receive a fair trial pending his extradition from Tunisia. […]

Libya’s sovereign wealth fund

The Libyan Investment Authority (LIA) released detailed figures on its investments in efforts to be transparent. Libya’s sovereign wealth fund, managed by the LIA, was created in 2006 to manage Libya’s oil revenues and there is speculation that the fund will sell off its assets in parts of Africa to help finance Libya’s reconstruction.

Royal Air Maroc to resume flights to Libya

Royal Air Maroc to resume flights to Libya on 21 November – The Moroccan airline, Royal Air Maroc (RAM), on Thursday said it would, from 21 November, resume its flights to Libya from Casablanca, following the reopening of the Tripoli international airport. The Moroccan airline said it would resume flights to Libya from the Mohamed […]

Maltese company announces Libya exhibition programme for 2012‎

The Casapinta Design Group Ltd has announced the continuation of the following exhibition programme in Tripoli for 2012: • Infrastructure Libya 2012 – International Exhibition & Conference for Libya’s Rebuilding Programme www.infrastructurelibya.com • Oil & Gas Libya 2012 – International Exhibition & Conference for the Regeneration of Libya’s Oil, Gas and Petrochemicals Sector www.oilandgaslibya.com These […]

Libya imposes visa requirement on Egyptians-agency

Libya has told Egyptians they will need visas to enter the country, Egypt’s state news agency said on Wednesday, after Egypt imposed travel restrictions on Libyans during the uprising against Muammar Gaddafi. Egypt toughened its entry requirements after the rebellion broke out in eastern Libya in February and some Libyans tried to cross the border […]