Local News: Economic News
OPEC: Libya is the first largest oil producer in Africa.
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Tripoli, April 13, 2024 (LANA) - The Organization of the Petroleum Exporting Countries (OPEC) announced, that Libya occupied first place as the largest oil producer in Africa, with a production of 1.24 million barrels of oil per day.A report issued by the organization explained that with this daily production, Libya has surpassed Nigeria, which was in first place, due to Libya’s efforts to increase production to two million barrels per day by the year 2030 and 2.3 million barrels per day... Read more
Jomhoriya Bank announces the suspension of its electronic services.
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Tripoli, April 11, 2024 (LANA) - Jomhoriya Bank announced the suspension of its electronic services, with the aim of modernizing the banking system.The bank's media office stated that the suspension took place yesterday, Tuesday, and includes point-of-sale, ATM, and mobile phone services. The bank explained that the modernization process aims to improve the efficiency of electronic services and provide a better experience for customers, stressing that... Read more
The Electricity Company's technical teams continue work on installing power transmission towers.
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Tripoli, April 11, 2024 (LANA) - Technical teams at the General Electricity Company continue installing power transmission towers on the route of the Ruwais-Abu Arqoub line project, voltage 400 KV. The company's media office explained, that the completion of the project will contribute to improving and stabilizing the network and transferring the energy produced from the generation stations to the network.= ... Read more
Technical teams at the General Electricity Company continue maintenance work in a number of areas.
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Tripoli, April 05, 2024 (LANA) - The technical teams of the General Electricity Company continue their efforts to conduct maintenance work in a number of areas to ensure the continuity of electrical supply for all citizens.The company stated that the lines team in the Ain Zara Al-Qarqani Distribution Department carried out emergency maintenance work yesterday, Thursday, which included maintenance of cut wires, as well as extending wires for a distance of (150).... Read more
Dbaiba meets Acting Minister of Oil development projects for the oil sector.
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Tripoli, April 04, 2024 (LANA) - The meeting held by the Prime Minister of the National Unity Government, “Abdul Hamid Al-Dbaiba,” with the Minister of Oil-designate, “Khalifa Abdel-Sadiq,” was devoted to discussing and following up on a number of files related to the oil and gas sector.During the meeting, Abdel Sadiq presented to the Prime Minister a general position on the development and investment projects approved in the sector plan with the aim of increasing production and activating... Read more
