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NOC transfers $8bn to Libya’s GNU administration

Libya’s National Oil Corporation has transferred $8 billion to the count of the Finance Ministry of the Government of National Unity (GNU) of Prime Minister, Abdul Hamid Dbeibeh, who has.

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Libya, Algeria Meet to Discuss Border Security

President Abdelmadjid Tebboune of Algeria has expressed his country’s hope that Libya will have elections, which would be a “major step” toward ending the country’s political turmoil. On Thursday, the.

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Libya’s oil terminals resume exports after brief closure over bad weather

Four Libyan oil export ports that were closed last week because of bad weather have reopened, a Libyan shipping source and port engineers told Reuters on Sunday. Tankers were docking.

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Italian Foreign Ministry official in Tripoli to prepare for Palermo Conference on Libya

Italian Deputy Foreign Minister Emanuela Claudia Del Re arrived in Tripoli on Monday heading a high-level government delegation. Upon her arrival, she held talks with Libyan Foreign Minister Mohammed Sayala.

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Libya imposes fees on foreign currency transactions

Libya’s government of national accord on Wednesday imposed a fee of 183 percent on foreign currency transactions, effectively devaluing the Libyan dinar to bridge the gap to the dominating black.

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Libya, Italy review relations ahead of Sicily conference

Italian Foreign Minister Enzo Milanesi stressed Wednesday his agreement with Libyan Foreign Minister Mohammed Sayala on the possible objectives of the international conference on Libya scheduled for November in the.

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Libya Leads OPEC Oil Output to 2018 High Despite Iran Losses

OPEC crude production rose in August to the highest level this year as a recovery in Libyan output helped to offset a cut in Iranian exports due to U.S. sanctions..

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Italy Reopening Embassy in Libya Two Years after Closure

Italy is sending its ambassador back to Libya, its foreign ministry said on Monday, making it the first Western diplomatic mission to reopen in the divided country. Italy closed its.

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U.S. Air Strikes Pound Libya’s Sirte to Oust IS Militants

U.S. aircraft hit Islamic State targets with more 30 strikes over the last three days on the Libyan city of Sirte as pro-government forces push into its last militant-held districts,.

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Libya PM Calls for National Reconciliation in Splintered Country

  By Yara Bayoum Libya’s prime minister called for a national reconciliation initiative to repair the divisions in a fragmented country reeling from the turbulence that has followed the fall.

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