The Libyan National Oil Company (NOC) has resumed crude exports from two terminals, three months after the start of an oil blockade amid the political crisis. In a statement on Wednesday, July 13, the NOC said the "state of force majeure on the Marsa Brega and Zouetina terminals" in the northeast of the country had been lifted. Invoked in exceptional circumstances, the state of "force majeure" allows the NOC to be exonerated from responsibility in the event of non-compliance with oil delivery contracts. Six oil fields and terminals were forcibly closed in mid-April by groups close to the eastern camp, demanding the transfer of power to Mr Bachagha. On Wednesday, local media reported that he had been replaced by banker Farhat Bengdara, citing a decree signed by Mr Dbeibah.

AdvertisementThe electricity deficit in Libya during the winter amounted to 1000 MW, and it reached 2500 MW. According to a General Electricity Company report, and the company produces 5500 MW, while the country’s need to cover consumption is estimated at 6500 MW, reaching 8000 MW during the summer months. Moreover, the company operates in Libya 10 stations to produce electric power, but they do not generate electricity as required. If the electricity crisis is not contained by actors east and west, Libya is one of the richest African countries in natural resources. Libyan parties are working to exploit the electricity crisis to achieve political goals, to overthrow the opponents, led by the unity government headed by Abdel Hamid al-Dabaiba, as it is primarily responsible for the electricity file.

"In recent years, Japan's political stability and leadership in regional security affairs have been greatly appreciated by Australia," Flake said in an email. "Australia would welcome a more robust Japanese role in the South China Sea, in the South Pacific, and in the Indian Ocean" -- potential flashpoints in the Indo-Pacific given China's rising clout there. "ASEAN shares Japan's stance on key regional and international issues that could undermine peace and the rules-based order. Others, however, were concerned that it could provoke China and South Korea, both of which suffered from Japan's wartime militarism. The other is deep-rooted suspicion against Japan because of history issues," said Park Jung Jin, a professor of international relations at Tsuda University in Tokyo.

An armed force deployed outside the National Oil Corporation (NOC) headquarters in Tripoli late on Wednesday, three witnesses said, after the chairman Mustafa Sanalla gave a speech rejecting a government decision to sack him. In his speech earlier, Sanalla said Prime Minister Abdulhamid al-Dbeibah's mandate had expired and he did not have the authority to dismiss him as head of the state energy producer. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

In a furious televised speech, Mustafa Sanalla said Prime Minister Abdulhamid al-Dbeibah's mandate to govern had expired and warned him not to touch NOC. Libya's messy political situation has already removed 850,000 barrels per day from the market this year through a blockade by eastern factions, underlining the risks to already constricted global energy supply. Sanalla accused the United Arab Emirates, which previously backed eastern forces during the civil war, of being behind a series of Libyan oil blockades and his sacking. Control over Libya's oil revenues through NOC and the central bank has been the biggest prize for warring factions since the 2011 NATO-backed uprising that began years of chaos. Arguments over which government should access oil revenue have drawn in both the NOC and the central bank.

The Libyan National Oil Corporation (NOC) said its Chairman Mustafa Sanallah arrived at the Tripoli headquarters on Wednesday after finishing Hajj rituals in Mecca. Sanallah was seen in photos published on Facebook being received by NOC employees. Sanallah's arrival comes despite the decision by the Government of National Unity to sack him and his board of directors and replacing him with Farhat Bengdara. The Libyan Prime Minister Abdul Hamid Dbiebah formed earlier Wednesday a committee to carry out the handing over of the board of directors' positions between Bengdara and Sanallah as per the recent decision taken by Dbiebah, amid uncertainty whether Sanallah would hand over the post or not as security tensions arise in Tripoli by forces loyal to Dbiebah who reject Bengdara for being a close ally to Khalifa Haftar. The Libyan Oil and Gas Ministry welcomed Tuesday the decision to sack Sanallah and his board, saying the step aimed at maintaining the oil resources of the country and boosting its economy.

Today, Mustafa Sanalla, the former chairman of the National Oil Corporation (NOC), arrived back to the oil company’s headquarters in Tripoli, a day after Abdul Hamid Dbeibeh sacked him. Pictures posted by NOC on social media showed Sanalla being greeted by the company’s workers while security guards were present. According to NOC, Sanalla intends to deliver “an important speech for the Libyan people”, in which he is likely to address his dismissal by the Tripoli-based premier. Yesterday, news broke that Dbeibeh fired the former NOC leader, who served in the post for more than 8 years. Sanalla did not respond immediately to Dbeibeh’s move as he was in Saudi Arabia to perform annual Islamic pilgrimage.

Police have charged a man in connection with a five-month long theft spree, during which he allegedly committed more than 20 thefts, some of which involved incidents of criminal damage. Aljabo is also charged with damaging five cars which he is accused of breaking into and stealing items from. Inspector Micallef told the court that in March a string of thefts from Valletta between March and July had been investigated and the accused had been identified from CCTV. But Aljabo had no fixed address and had managed to strike again, in Qormi before he could be traced and taken into custody. Police had received a tip off that he was residing in a structure in Marsa, where he was duly arrested after a warrant was issued.

Libya’s state National Oil Corporation (NOC) announced today the lifting of force majeure on the ports of Brega and Zueitina. It also announced that the tanker, Ebla, is on its way to load a shipment of condensate after its technical acceptance by Sirte Oil Company. NOC loyal to the Libyan nationIn its statement, had a political swipe at its distractors. It said it will not lose the compass and will reach its noble goals by legitimate means, and that it is the National Oil Corporation whose sovereignty is not governed by loyalty to countries that have other accounts that differ from the accounts of the dear homeland. NOC chairman Mustafa Sanalla and board of directors sacked by Aldabaiba – Bengdara appointed (libyaherald.com)

The European Investment Bank and Banque Misr today formally agreed to strengthen cooperation to further strengthen support for SME lending - press photoCAIRO - 13 July 2022: The European Investment Bank and Banque Misr today formally agreed to strengthen cooperation to further strengthen support for SME lending and increase financing for companies in sectors most impacted by the COVID 19 pandemic. The two new technical assistance programmes were launched in Cairo earlier today by EIB Vice President Gelsomina Vigliotti and Banque Misr Vice Chairman Akef El Maghraby at Banque Misr’s headquarters. “Banque Misr and the European Investment Bank are supporting transformational private sector investment by Egyptian companies across the country. “The European Investment Bank is committed to supporting private sector investment in cooperation with leading local financial partners. The second initiative will enable Banque Misr to better identify bankable sustainable private sector investment projects and develop new financial products targeted for SMEs.

THE HAGUE: A group of 181 Afghans has arrived in the Netherlands on a chartered flight from Pakistan, the Dutch government said Wednesday, the latest group to fly to safety in the aftermath of the Taliban’s takeover of Afghanistan last year. The Dutch government said the Afghans were unable to flee their country earlier because they did not have valid travel documents. Pakistan allowed them into the country so they could travel on to the Netherlands. Earlier this year, Islamabad allowed 329 people into the country so they could fly to the Netherlands. The former Dutch foreign minister, Sigrid Kaag, quit in September over the government’s muddled handling of evacuations from Kabul.

Brent crude futures were up 24 cents, or 0.2 percent, at $99.73 a barrel at 0325 GMT. US West Texas Intermediate crude gained 10 cents, or 0.1 percent, to $95.94. Libya’s government to replace National Oil Corp. chairmanLibya’s Government of National Unity decided to replace the National Oil Corp. chairman and board on Tuesday as control over the state energy producer was drawn further into a complex political standoff between rival factions. “We will be off Russian coal in a few weeks,” he told the Sydney Energy Forum, co-hosted by the Australian government and the International Energy Agency. He said that Russia previously supplied 40 percent of Germany’s coal and 40 percent of its oil.

Now Boarding: CannesPerhaps best known for its annual Film Festival, Cannes is a city located on the French Riviera. Receiving some of the country's finest weather, the city is a vacation hotspot for creatives andartists alike. However, one such local's chance encounter with art took him down a totally unexpected career path – and he owes it all to skateboarding.

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The Libyan Prime Minister, Abdul Hamod Dbiebah, has issued a decision to sack the board of directors and chairman of the National Oil Corporation (NOC), Mustafa Sanallah, and appoint Farhat Bengdara as new chairman. Sanallah has been NOC's Head since August 2014, while Bengdara served as Central Bank of Libya's Governor from 2006 to 2011. Dbeibah agreed with Oun on June 23 about replacing Sanallah. The meeting, according to sources with knowledge of the conversation, was sponsored by the UAE and led nowhere as to understandings between the two. However, appointing Bengdara as NOC chairman by Dbeibah says otherwise.