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Libyan Audit Bureau advances towards reuniting divided institution [Libya Observer]
NewsThe Audit Bureau in Tripoli revealed that the committees formed by the Audit Bureau in Tripoli and the one parallel to it…
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Libya sinks into poverty as the oil money disappears into foreign bank accounts [Independent]
NewsIf ever a nation can be said to be cursed by its own natural resources wealth, it is Libya. Despite having the…
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P3+1 Libya Statement (Foreign and Commonwealth Office)
NewsThe leaders of France, Italy, the United Kingdom and the United States issued a statement on the resumed work of Libya’s National…
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Libya and Oil: common sense prevails (Ambassador Partnership)
NewsSir Vincent Fean’s 39 years of diplomatic experience include serving as Consul-General in Jerusalem, Ambassador to Libya (2006-10), and High Commissioner to…
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FM Capital Partners wins Libyan SWF fraud case against former CEO [Reuters]
NewsLONDON (Reuters) – FM Capital Partners (FMCP), which manages money for sovereign wealth fund the Libya Africa Investment Portfolio (LAP), has won…
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East Libyan general hands back control of oil ports [The Guardian]
NewsThe east Libyan strongman Gen Khalifa Haftar has handed back control of the oil ports under his authority to the country’s national…
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Libya oil chief warns of “economic disaster” if oil ports closure continues (Libya Observer)
NewsThe Chairman of the Tripoli-based National Oil Corporation (NOC) Mustafa Sanallah has held Deputy Chairman of the Presidential Council Fathi Al-Majbari and Finance Minister…
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Libya Oil Chief Warns Output to Drop Every Day as Ports Halted [Bloomberg]
NewsLibya’s oil output will keep dropping day by day if major ports remain closed after clashes last month led to a political…
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Four Libya oil ports closed amid corruption allegations [The Guardian]
NewsLibya’s United Nations-backed National Oil Corporation (NOC) has closed four oil ports held by the military chief Khalifa Haftar, collapsing the country’s…
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Libya’s NOC to declare force majeure at Zueitina and Hariga oil ports (Libya Herald)
NewsThe Libyan National Oil Corporation (NOC) said Friday it was going to declare force majeure on Sunday at Zueitina and Hariga oil…