Tag Archives | Investment opportunities

Sanalla discusses Investment Opportunities with leading IOCs

As part of the inaugural Libyan-European oil and gas summit held in Vienna last week, Libya’s National Oil Corporation (NOC) chairman Mustafa Sanalla met with representatives from leading oil and gas companies. He was accompanied by NOC Board member Abulgasem Shengheer, and the heads and specialists of a number of NOC affiliated companies. Individual meetings […]

UNSMIL to Sell Written-Off Vehicles

The United Nations Support Mission in Libya (UNSMIL) will soon issue a call for tender for the sale of written-off vehicles (Reference: EOI/SMIL/02/17). Please see details below: 1. The United Nations Support Mission in Libya “UNSMIL”, will soon issue a call for tender for the sale of written-off vehicles (4×4 General purpose Medium – Toyota […]

Libya Seeks U.S. Investment in Areas From Oil to Tourism

Libya is seeking to boost its oil production by a third to 2 million barrels a day by year-end, surpassing last year’s pre-conflict level, Libyan ambassador to Washington Ali Aujali said. How fast Libya returns to pre-war levels or surpasses them “depends also on the oil companies, how fast they are returning” to restart or […]

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.