Tripoli, Libya | Xinhua | Political instability will likely persist in Libya as a United Nations-backed transitional phase, outlined in a roadmap for the North African country in 2020, expired this week, Libyan analysts say. The United Nations Support Mission in Libya (UNSMIL) facilitated the first round Libyan Political Dialogue …
Read More »Libya declares force majeure on major oil port following oilfield closure
Tripoli, Libya | Xinhua | Libya’s state-owned National Oil Corporation (NOC) on Tuesday declared a state of force majeure on the eastern port of Brega, after the closure of two oilfields in the past two days. NOC made the decision “because it is impossible to implement its commitments towards the oil …
Read More »Oil prices climb amid Libya outages
Libya outages coupled with the ongoing Ukraine crisis deepened fears about tight supplies New York, U.S. | Xinhua | Oil prices rose on Monday as reports of outages in Libya intensified concerns over supply risks. The West Texas Intermediate for May delivery added 1.26 U.S. dollars, or 1.2 percent, to settle …
Read More »UN chief voices concern over political polarization in Libya
United Nations | Xinhua | UN Secretary-General Antonio Guterres held a telephone call on Friday with Abdul-Hamid Dbeibah, prime minister of the Government of National Unity of Libya, to discuss the latest developments in the country, Guterres’ press office said on Saturday. The secretary-general expressed deep concern at the current severe …
Read More »UN Libya adviser urges all parties to preserve calm
Tripoli, Libya | Xinhua | The Adviser to the United Nations Secretary-General on Libya Stephanie Williams on Sunday urged the Libyan parties to preserve calm on the ground. Williams made her remarks during a meeting with Prime Minister Abdul-Hamid Dbeibah in the capital Tripoli, where they discussed the recent developments …
Read More »Morocco to reopen consulate in Libya after years of closure
Tripoli, Libya | Xinhua | An official Moroccan delegation arrived on Saturday to prepare for the reopening of the Moroccan Consulate in Libya after an eight-year closure, the Libyan Foreign Ministry announced. “This important step comes as part of the efforts of the Government of National Unity to support mechanisms of …
Read More »Libya mulling increasing oil production for 2022
Tripoli, Libya | Xinhua | Libya’s state-owned National Oil Corporation (NOC) is considering its plans for 2022, including the increase of oil production and reserves, NOC Chairman Mustafa Sanalla said on Wednesday. Sanalla made the remarks during a speech following a series of the meetings of its 28 subsidiary or related …
Read More »UN envoy welcomes meeting of Libyan military leaders
Tripoli, Libya | Xinhua | United Nations envoy Stephanie Williams on Saturday welcomed a meeting between military leaders from the Libyan interim government and the eastern-based army, reiterating UN’s support for a peaceful resolution to the country’s longstanding conflict. The UN secretary-general’s special adviser for Libya made the remarks after …
Read More »Libyan parliament calls for new roadmap for successful elections
Tripoli, Libya | Xinhua | A committee of the Libyan House of Representatives on Monday called for a new roadmap to hold successful elections and form a new executive authority, following the elections were postponed. “A new roadmap must be drawn up, set with durations and stages and not with …
Read More »Libya seeks to increase oil, gas production
Oil and gas represent one major source of Libya’s revenue Tripoli, Libya | Xinhua | Libya is seeking to increase oil and gas production in the country over the next five years, Minister of Gas and Oil Mohamed Aoun said on Monday. “We plan to increase oil production to 2.1 million …
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