Tag Archives | Malta

US Sanctions Libyan Oil Smugglers

By John Lee. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned six individuals, 24 entities, and seven vessels for threatening the peace, security, or stability of Libya through the illicit production, refining, brokering, sale, purchase, or export of Libyan oil or for being owned or controlled by designated persons. […]

Murder of Maltese Journalist possibly Linked to Libyan Smuggling

By John Lee. A senior Italian prosecutor has said that there are possible links between the murder of investigative journalist Daphne Caruana Galizia (pictured) in Malta last week, and an Italian investigation into an illicit fuel-smuggling network spanning Libya, Malta and Italy. Carmelo Zuccaro, who is leading the fuel-smuggling inquiry, told the Guardian he “could […]

Italy Breaks Up Libyan Fuel Smuggling Ring

By John Lee. Italian authorities have reportedly broken up a mafia-related Libyan fuel-smuggling ring, in which at least 30 million euros of diesel was sold around Europe. According to the report from Reuters, the fuel had been stolen from National Oil Corporation (NOC) at refinery in Zawiya, transferred to a larger ship off the coast […]

GNA appoints New LIA Board of Trustees

The newly GNA-appointed Board of Trustees for the Libyan Investment Authority (LIA) has been officially announced following its first meeting that took place in Libya’s capital on Saturday. According to a statement issued on their behalf, the Board of Trustees "is the highest governing body of the LIA which is mandated to preserve and protect Libya’s sole Sovereign […]

Finance Ministers discuss Libya's Challenges

By Adam Nathan. The Libyan Minister of Finance Dr. Osama Hammad participated Thursday in Malta in launching the meeting of the finance ministers of the Group 5 + 5 for the countries of the Mediterranean Basin on the economy and finance. The second meeting, which takes place two months after the first meeting held on […]

Libyan Maltese Chamber of Commerce

The Libyan-Maltese Chamber of Commerce will be closed on Tuesday 4th April out of respect for its beloved Council Treasurer Mr Tonio Casapinta, has passed away at the age of 68. Business will commence normally on Wednesday 5th April 2017 from 0800 - 1600. Mr Tonio Casapinta was Chairman of Casapinta Design Group Ltd and […]

Afriqiyah Wet-Leases Turboprop from Medavia

By John Lee. Afriqiyah Airways is reportedly wet-leasing a Dash 8-100 from Malta's Medavia to run its scheduled charter flights between Libya with Malta. According to ch-aviation, two weekly flights from Misurata started on February 5th,  followed by a twice-weekly service from Brack on February 9th. An existing Malta-Tripoli Mitiga return service currently operates three […]