Tag Archives | House of Representatives

NOC Chairman: Oil Production to reach 2.5m bpd by 2020

By Adam Nathan. Mustafa Sanalla, the colourful chairman of Libya’s National Oil Corporation (NOC), has revealed ambitious plans to increase Libya’s oil production to 2.5 million barrels of oil a day by 2020. Sanalla, also revealed plans to expand Libya’s refining capacity to 1 million barrels of oil a day and gas production to 1.3 […]

Chaos and Confusion in Tripoli

By John Lee. Chaos and confusion are the order of the day in Tripoli, as claims of an attempted coup by forces loyal to the old Tripoli-based General National Congress (GNC) / National Salvation are dismissed as a “media hoax” by the UN-backed Government of National Accord (GNA). Reuters had reported that Khalifa Ghwell, head […]

GNA, CBL agree “Temporary Financial Arrangements”

By John Lee. Libya’s UN-backed Government of National Accord (GNA) and the Central Bank of Libya (CBL) in Tripoli say they have agreed to work together to tackle urgent economic problems in 2017. The CBL has thus far been reluctant to release public funding until the GNA is endorsed by Libya’s eastern-based parliament, the House […]

Female Parliamentarians agree on Steps to Empowerment, Reconciliation

Libyan Female Parliamentarians agree on concrete steps towards Empowerment and Reconciliation Female members of the Libyan House of Representatives (HoR) ended a three-day conference with concrete recommendations and agreed steps to advance the role of women in the political life and decision making process in Libya. Gathering under the theme, “Together We Can, Together We […]

LIA Steering Cmte “Threatens to Undermine Litigations”

By Sami Redwan, Economics and Business Commentator, Tripoli. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. The LIA “steering committee” threatens to undermine the LIA’s multi-million dollar litigations. It cannot be allowed to do so. Libya is a nation plagued by internal conflict, as […]

China to Invest $36bn in Libyan Infrastructure

By John Lee. The Tobruk-basesd government is to embark on a massive programme of infrastructure works, include the country’s largest deepwater port, an airport, a railway running south along the Egyptian border to Sudan, 10,000 homes, a 300-bed hospital and a university. Prime Minister Abdullah Al-Thinni told Al-Hadath that the $36-billion project will be built […]

Oil Crescent Ports: NOC Lifts Force Majeur, Exports to Resume

The chairman of the Tripoli-based National Oil Corporation (NOC), Mustafa Sanalla, announced today (Thursday) that he has visited Zueitina port and accepted the handover of the ports from the Libyan National Army (LNA) reporting to the House of Representatives (HoR). “NOC is in charge of the ports,” he said. “They are secure, and we have […]

UN Welcomes resumption of HoR sessions as “New Dynamic”

Special Representative of the Secretary-General and head of the United Nations Support Mission in Libya (UNSMIL) Martin Kobler welcomes the statement issued today by the Presidency Council (PC) and commends the resumption of the House of Representatives (HoR) sessions. Martin Kobler reiterates his full support to the PC under the leadership of Prime Minister Serraj […]