Tag Archives | Germany

Germany aims to host Libya Conference

By John Lee. Germany aims to host a conference about Libya this year in conjunction with the United Nations to try to stabilise the oil producing country, where rival factions have been fighting over the capital, Germany’s ambassador to Libya said on Wednesday, Reuters reports. The plans, which are still in the early stages according […]

AGOCO discusses Projects with Germany’s Ferrostaal

By John Lee. Representatives from the Arabian Gulf Oil Company (AGOCO) has met with German company Ferrostaal to discuss, amongst other things, a water treatment project at Area 91. They also discussed the technical and financial status of the J22 gas project, and the project to link the concession wells (MN4) in Hamada field. (Source: […]

LISCO planning $1bn Tender

By John Lee. The Libyan Iron and Steel Company (LISCO) is reportedly planning to announce a $1-billion tender next month to build two new plants. Chairman Mohamed al-Faqih also told Reuters that the company has started exporting to Algeria, and aims to increase production this year. For the new plants, al-Faqih said Lisco is targeting […]

Foreign Firms in process of Renewing Libya Licences

By John Lee. A number of foreign firms have reportedly started work on renewing their licences to operate in Libya. According to Reuters, the Economy Ministry suspended 40 foreign firms in May on the grounds that their licenses had expired, before granting a grace period of three months to seek new ones. Tripoli-based economy minister […]

Wintershall Dea sees Risks to Libyan Production

By John Lee. The CEO of Germany’s Wintershall Dea has said that the current instability in Libya presents a significant risk to the company’s on-shore production. On the sidelines of the 2019 St. Petersburg International Economic Forum (SPIEF-2019), Mario Mehren (pictured) told TASS: “We have offshore production that has the advantage of being offshore so […]

UfM Business Forum to tackle Market Access

The Union for the Mediterranean (UfM) in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ), and also in partnership with the Association of Mediterranean Chambers of Commerce and Industry (ASCAME), will hold a Business Forum in Cairo, Egypt on 18 June 2019, […]

WHO sends Emergency Medical Supplies to Libyan Hospitals

The World Health Organization (WHO) released 10 trucks loaded with emergency medical supplies and trauma kits to reach 10 major hospitals in different districts of Libya on March 23, providing emergency departments with desperately needed materials to treat diseases and injuries. The shipments were supported by European Civil Protection and Humanitarian Aid Operations (ECHO). General […]

German Firms Interested in Libyan Energy Sector

By John Lee. The Chairman of National Oil Corporation (NOC), Mustafa Sanalla, took part in the Libyan-German Economic Forum, held on March 8, 2019, in Tunis, alongside a number of other sovereign state institutions and His Excellency Oliver Owcza, Ambassador to Libya. Discussions focussed on Libya’s economic recovery and in-country investment opportunities. German companies expressed […]