Lana News
Libyan News Agency
Latest News

Local News: Economic News

Libya will produce two million barrels of oil per day if Parliament agrees to allocate $1.1 billion for sector.

Pulbished on:

Tashkent 5 September, 2021 (Lana) - Minister of Finance of the Government of National Unity, Khaled Al-Mabrouk, confirmed that Libya’s oil production may rise to two million barrels per day by the end of 2022, if it is approved to grant the oil sector and its industries an amount of 1.1 billion dollars (one thousand and one hundred million), which was allocated in the budget.This came in a statement made by Minister Al-Mabrouk to Arab News, while attending the annual meeting of the Islamic... Read more

...
The Assistant Secretary-General of the League of Arab States discusses in Moscow the developments of the Libyan crisis.

Pulbished on:

Cairo, September 04, 2021 (LANA) - The Assistant Secretary-General of the League of Arab States, Ambassador "Hossam Zaki", discussed during his visit to Moscow with the Russian Deputy Foreign Minister and President Putin's envoy to the Middle East and Africa, Mikhail Bogdanov, the developments of the Libyan crisis.An official source in the General Secretariat said that "Zaki"'s visit to Moscow witnessed a long session of talks with "Bogdanov" and senior officials of the Russian Foreign.... Read more

...
Undersecretary of the Ministry of Industry and Minerals for Mining Affairs visits a number of sector projects in the Eastern Province.

Pulbished on:

 Benghazi, 31 August 2021 (Lana) - The Undersecretary of the Ministry of Industry and Minerals for Mining Affairs, "Moncef Al-Shalawi", paid a field visit to Al-Sahel Holding Group near the city of Benghazi. The visit included the Al-Sahel Al-Akhdar Fodder Factory, the Al-Zad Al-Tayyib Flour Mill (Prima), the Babel Rice Mill (Al-Baraka), and the Poultry Hatchery Factory (Al-Mamoura) in the Sidi Khalifa Benghazi region. The deputy also visited the (Tamam) project for the production and packaging of eggs in the Sidi Faraj area... Read more

...
State Audit Bureau: Revenues from fees imposed on foreign exchange in 2020 amounted to (15,200) billion dinars.

Pulbished on:

 Tripoli, 29 August, 2021 (Lana) - The Audit Bureau stated that the revenues of fees imposed on foreign exchange in 2020, amounted to (15.200) billion dinars, of which 2.275 billion dinars were spent, with the balance remaining is about 12.667 billion dinars, and despite the issuance of the presidential decisions of the Government of National Accord to allocate this amount, but it has not been implemented. In its report for the year 2020, the Audit Bureau demanded that the... Read more

...
National Oil Corporation is following up with Eni and Mellitah Oil and Gas the implementation of a number of gas production projects.

Pulbished on:

Tripoli, 25 August, 2021 (Lana) - The National Oil Corporation, followed up with Eni and Mellitah Oil and Gas Company, the implementation plan of the offshore installations development project (A and E), which is among the strategic projects targeted to be implemented according to the exploration and production sharing agreements and the gas production operating agreement.The agreement includes strategic projects to be implemented by the joint venture team of Mellitah Oil and Gas Company,... Read more

...