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Oil prices are falling by about 3% with the closures in Europe due to Corona.
On Monday, oil prices fell by approximately 3%. As a result of the concerns, as the demand for fuel has weakened with the expansion of […] More
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in Economy
Bloomberg: Libyan oil production is rising rapidly to nearly one million barrels per day.
The American “Bloomberg” agency revealed that Libyan oil production is increasing at a rapid rate to nearly one million barrels per day, especially after the […] More
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in Economy
The global economy needs 5 years to recover from the effects of the Corona pandemic.
The chief economist at the World Bank, “Carmen Reinhart,” said that a full global economic recovery from the Corona pandemic may take 5 years. Reinhart […] More
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in Economy
Sanallah to “De Mayo”: The Libyan conflict is between those who implement the law and others that are against it.
The head of the National Oil Corporation, Sanallah, confirmed to the Italian Foreign Minister, Luigi Di Maio, that the conflict in Libya is between parties […] More
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in Economy
Sanallah: There are several countries that benefit financially from the absence of Libyan oil from the global market, and it is appropriate for them to move Libyan dolls and foreign mercenaries.
The head of the National Oil Corporation, Mustafa Sanallah, said Thursday that the ongoing conflict over oil facilities is more of an international political conflict […] More
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in Economy
The Libyan Investment Authority: We lost $ 4.1 billion as a result of the restrictions imposed, and we will demand that we be allowed to invest.
The head of the Libyan Investment Corporation, Ali Mahmoud Hassan, said that the restrictions imposed on investment wasted about $ 4.1 billion in potential returns, […] More
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in Economy
Sanallah discusses with the Maltese Ambassador activating the oil cooperation agreement.
The National Oil Corporation announced, on Saturday, that the president of the corporation, Mustafa Sanallah, discussed with the Maltese Ambassador to Libya, Charles Saliba, the […] More
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in Economy
Al-Nahir Administration : Water will reach Tripoli at the end of the day or tomorrow morning
A source from the artificial river apparatus on Saturday, that water will reach Tripoli at the end of the day, or tomorrow morning after the […] More
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Chad closes border with Libya, keeping trading port
The Minister of Defense of Chad, Mahmat Sally, explains closing borders with Libya, Sudan and Central African Republic is for security reasons. According to the […] More
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Italian Interior: Libya is the second after Tunisia in the number of immigrants
The Italian Interior Ministry said on Monday that Libya is the second largest source of illegal immigrants to Italy, after Tunisia who is ranked first […] More
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