Council Members

News & Comment

The following news headlines are selected breaking news stories about Libya and the Libyan business arena, which are collected daily from a variety of sources.

If you click on "Read More" for a headline marked "External Article" you will be taken to the source of that story. For all other articles, which can be read on the LBBC website, we welcome your comments and opinions.

Serraj asks Arab governments call for Libyan unity against Islamic State [Libya Herald]

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26th Jul 16: Arab leaders meeting in Nouakchott have called on all Libyan factions to unite in the fight against “terrorists” and work together to rebuild the state.

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Libya oil exports threatened as NOC warns against port deal [Reuters]

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24th Jul 16: Libya's hopes to boost crude exports have been dealt a blow after the head of the National Oil Corporation (NOC) objected to a deal between the government and local guards to reopen key ports. 

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Libya: Tripoli condemns French military involvement [Al Jazeera]

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22nd Jul 16: Libya's UN-backed government has reacted strongly following France's confirmation that its special forces have been operating in the country, which also sparked angry protests in the capital Tripoli against French military intervention.

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Libya's U.N. backed government moves to tackle power cuts in key test [Reuters]

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19th Jul 16: Libya's U.N.-backed government is moving to tackle chronic power outages in a key test of the Tripoli-based administration's ability to take executive control and win support by improving living conditions.

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Marathon Libya Dialogue session in Tunis heads for third day [Libya Herald]

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18th Jul 16: There can be no alternative to the Libyan Political Agreement Presidency Council chief and prime minister-designate Faiez Serraj averred today in Tunis during a marathon second day of the Libyan Dialogue.

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Libya prime minister-designate urges unity for fractured country [Middle East Eye]

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18th Jul 16: The head of Libya's unity government on Sunday urged his countrymen to close ranks to overcome political divisions in a nation already wracked by the threat of militants.

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Rebuilding of confidence and security is key to Libya: British ambassador Peter Millett [Libya Herald]

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12th Jul 16: Speaking for just under an hour to a House of Lords Committee, Britain’s Ambassador to Libya Peter Millett said that he had been ”very closely involved” with the 2015 UN-brokered Libyan Political Agreement (LPA).

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Op-Ed: Foreign special forces support both sides in Libya [Digital Journal]

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11th Jul 16:

Air traffic recordings recently revealed show that UK, French, and US forces are co-ordinating air strikes in support of Khalifa Haftar's Operation Dignity against IS and other Islamists in Benghazi. 

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What We Know (and Don’t Know) About Saif Gaddafi’s ‘Release’ [Justice in Conflict]

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11th Jul 16: Where in the world is Saif al-Islam Gaddafi? Rumours about his whereabouts and the circumstances he faces have been swirling for weeks. Saif, the former heir-apparent to his father’s rule over Libya, faces an indictment at the International Criminal Court (ICC) for inciting violence during the 2011 Libyan civil war. But he hasn’t been heard from in months. Until last week — well, sort of. 

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Gaddafi’s son Saif al-Islam released from death row in Libya, says lawyer [Independent]

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7th Jul 16:

The son of former Libyan dictator Muammar Gaddafi has been released from prison, according to his lawyer.  Saif al-Islam Gaddafi was sentenced to death last July for alleged war crimes during the Arab Spring revolution that overthrew his father in 2011.

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Eid Mubarak to our Libyan members and all Muslim readers of our website

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6th Jul 16: The Chairman and Directors of the Libyan British Business Council wish Eid Mubarak to our Libyan members and all Muslim readers of our website

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In sign of progress, Libya's rival NOC oil companies agree to merge [Reuters]

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4th Jul 16:

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Libya PM says only united military can defeat IS [MailOnline]

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27th Jun 16: The head of Libya's unity government said Sunday that only a united military bringing together all the country's armed factions would be able to defeat the Islamic State group.

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Faiez Serraj holds first official cabinet meeting [Libya Herald]

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22nd Jun 16: The Government of National Accord has held its first cabinet meeting today in Tripoli, at the Bu Setta naval base. Presided over by Presidency Council head and prime minister Faiez Serraj, who was flanked by two of his deputies, Ahmed Maetig and Fathi Majbri, sixteen other members attended.

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LIBYA – OIL OPERATION ANNOUNCES A TENDER FOR REPAIRS TO RAS LANUF TANK FARM

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20th Jun 16: Emergency repairs required to the Ras Lanuf tank farm in Libya.

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Libya's unity govt signs humanitarian accord in Rome [africanews]

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19th Jun 16: Libya’s UN backed unity government is keen on restoring peace and stability in the country. The latest effort is in the form of a humanitarian agreement that was signed on Saturday, in Rome.

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Goldman Sachs to face Libya in revealing London High Court trial [Independent]

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13th Jun 16: Libya's $67 billion sovereign wealth fund will go head-to-head with Goldman Sachs in London's High Court this week over claims that the US investment bank exploited the fund by encouraging it to make risky and ultimately worthless investments.

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Libya Forces Advance on Islamic State Stronghold [Wall Street Journal]

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12th Jun 16: Forces aligned with Libya’s internationally backed unity government closed in on the center of the Islamic State stronghold of Sirte during the weekend, giving a boost to an administration struggling to unite the fractured nation.

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Libyan brigades edge closer to Islamic State stronghold of Sirte: security sources [Reuters]

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9th Jun 16: Forces aligned with Libya's new unity government advanced on the eastern and southern outskirts of the Islamic State stronghold of Sirte on Wednesday, taking control of at least one military camp, security sources said.

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Libya needs unified army to fight ISIS, says UN envoy [ANSAmed]

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8th Jun 16:

UN envoy Martin Kobler called for the national unity agreement to be approved by all parties in Libya including the sensitive issue of the armed forces, in order to fight against the Islamic State (ISIS).
His comments were made during an interview with Sky News Arabiya.Ansa

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Libya’s rival central banks team up for national recovery [Libya Herald]

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6th Jun 16: The governors of Libya’s rival Central Banks agreed last night to work together as a team to design a “unity plan” for the whole economy.

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France's Technip signs $500 Million Libya oil platform deal [Reuters]

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31st May 16:

French oil services company Technip signed on Tuesday a deal worth $500 million with a consortium that includes Libya's National Oil Company (NOC) and Italy's oil and gas major ENI to refurbish an offshore oil platform.


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Libya is an x-factor for oil production [Forexlive]

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31st May 16:

One of the reasons cited for the rebound in oil prices on Monday is fighting in Libya but it may be a case of a short-term gain leading to long-term pain.

Government forces are fighting to retake critical oil infrastructure and they've declared retaking it a priority. Today, a spokesman said they have retaken the coastal town of Ben Jawad from Islamic State.

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Migrant crisis: UK set to send Royal Navy warship to Libya [BBC]

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27th May 16: The UK is set to send a Royal Navy warship to the Mediterranean to help tackle arms smuggling in Libya, Prime Minister David Cameron has announced.

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