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London hub to play central role in Libya’s oil expansion
NewsSOURCE: The Times 26 January 2021: https://www.thetimes.co.uk/article/london-hub-to-play-central-role-in-libya-s-oil-expansion-0l9dp0jwb?shareToken=2a4b5ed674644494cf441bcd370839a7 Libya’s national oil company is to open a hub in London that will award consultancy…
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Office of Financial Sanctions Implementation – Libya Guidance
NewsOFSI publishes Libya guidance OFSI has published financial sanctions guidance for the Libya (Sanctions) (EU Exit) Regulations 2020. This guidance aims to…
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EU Sanctions – End of the Transition Period
NewsPlease see the following update from HM Treasury – on the website you can search by country. The transition period has ended….
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NOC Confirm production of Libyan crude oil exceeds one million barrels a day
NewsSOURCE: https://noc.ly/index.php/en/new-4/6203-production-of-libyan-crude-oil-exceeds-one-million-barrels-a-day
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Crude oil production in Libya rises to 800,000 bpd
NewsThe head of the National Oil Corporation (NOC), Mustafa Sanallah, announced that the production of Libyan crude oil has risen to 800,000…
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Sharara Oilfield – Akakus Oil Operations to restart production
NewsThe NOC has announced the lifting of force majeure from the Sharara oilfield, Libya’s largest oilfield, with effect from Sunday, 11 October,…
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Central Bank of Libya Press Statement
NewsThe Central Bank of Libya issued a Press Statement in English on 8 October 2020, regarding the Governor of the Central Bank…
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Ian Taylor’s Legacy: How an Oil Trader Helped Libya and Created Freer Markets
NewsA founding father of modern oil trading, Ian Taylor of Vitol, died on June 8. Lauded as a major philanthropist in the…
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Updated factsheet from UKVI – 20 April 2020
NewsThe gov.uk website outlines the full range of support measures that have been made available to UK businesses and employees, including the…
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LBBC Local Consultant – Omran Abusahmin
NewsThe LBBC Local Consultant, Omran Abusahmin can offer support for businesses operating in Libya. His contact details are as follows: Email omranukti@gmail.com or…