OPEC oil output falls in January on new cuts, LibyaOPEC oil output in January registered the biggest monthly drop since July, a Reuters survey found, as several members implemented new voluntary production cuts agreed with the wider OPEC+ alliance and unrest curbed Libyan output. Some OPEC members pledged voluntary cuts in two rounds - in April 2023 and November 2023, and Saudi Arabia made an additional voluntary cut. Algeria cut output by 40,000 bpd, implementing most of its voluntary reductions. The top exporter extended a voluntary 1 million bpd cut into the first quarter as part of November's OPEC+ deal. Output was 40,000 bpd above the country's 2024 target.

February 01, 2024 07:54 UTC

OPEC oil output in January registered the biggest monthly drop since July, a Reuters survey found, as several members implemented new voluntary production cuts agreed with the wider OPEC+ alliance and unrest curbed Libyan output. Some OPEC members pledged voluntary cuts in two rounds – in April 2023 and November 2023, and Saudi Arabia made an additional voluntary cut. Algeria cut output by 40,000 bpd, implementing most of its voluntary reductions. The top exporter extended a voluntary 1 million bpd cut into the first quarter as part of November’s OPEC+ deal. Nigeria raised output by 40,000 bpd, the survey found, as some crude was processed in the new Dangote refinery and exports held largely steady, the survey found.

February 01, 2024 05:54 UTC

The German Ambassador to Libya, Michael Ohnmacht, expressed his appreciation for the level of advanced technology and the quality of services available through the digital systems used in Libya’s civil aviation safety monitoring. The appreciation was reported by Libya’s Civil Aviation Authority last Monday (29 January) following a meeting on the same day between the head of the Civil Aviation Authority, Mohamed Shalebek, at the Authority’s Tripoli headquarters, and the German Ambassador. The Civil Aviation Authority said the executive steps taken by the it to address and complete the requirements for corrective measures contained in the International Civil Aviation Organization (ICAO) report and the results of visits by international audit teams during 2023, were discussed. Its digital transformation project manager also gave a brief presentation of the completed stages of the project. The Authority’s monitoring mechanism was clarified through the database of airlines, air crews, licenses, validity and maintenance, which achieves direct monitoring of the extent of compliance with the approved rules and systems, it added.

February 01, 2024 03:02 UTC

Conservative commentator Ben Shapiro says he was “very sceptical” of American intervention in Libya under the Obama administration because it didn’t represent “actual American interest”. The 2011 military intervention in Libya, which overthrew Libyan leader Muammar Gaddafi, ultimately led to factional violence and the Second Libyan Civil War. “As far as war, I think that every single conflict the United States get … in we ought to be asking what is the actual American goal, what is the actual American interest, which is for one thing why I didn’t support the war in Libya during the Obama administration,” Mr Shapiro told Sky News host Piers Morgan. “It’s why I was very sceptical of American intervention, whether covert or overt, during the Arab Spring. “I thought that was going to end quite poorly.”

February 01, 2024 02:20 UTC

The Central Bank of Libya (CBL) has granted approval to the Libyan Credit Information Centre’s (LCIC) newly developed legal framework, Expertise France informed Libya Herald today. Our tailored capacity-building workshops have equipped the Centre’s staff with specific expertise in credit information management, data protection and international standards. Risk Mitigation: The regulatory framework is expected to help in identifying and managing potential risks associated with credit information. The regulatory framework is expected to help in identifying and managing potential risks associated with credit information. With the legal framework in place, Expertise France said the focus now shifts to developing the LCIC’s operational capacity.

February 01, 2024 01:26 UTC





Tripoli, (APP - UrduPoint / Pakistan Point News - 1st Feb, 2024) Libyan authorities on Wednesday began sending 350 irregular migrants to their home country Egypt, an immigration official told AFP. The International Organization for Migration said it had organised two "voluntary humanitarian returns" charter flights from Libya to Nigeria on Tuesday. Libya sent 600 irregular migrants back to Egypt in November and a further 650 in December. All of those being sent back via bus to the border with Egypt on Wednesday were men, including some children, Ammar said. In 2023, a total 23,361 migrants of African or Asian nationality, mostly from Nigeria, were sent back to their homelands from Libya, he added.

January 31, 2024 23:28 UTC

Libyan Railways reported today that its Chairman, Saeed Salem Al-Kilani, met in Cairo last Sunday (28 January) with Samir Bahna, Executive Director together with several specialist engineers from his company, Bahna Engineering. The meeting dealt with the affirmation and determination of Libyan Railways to complete the implementation of the work of the contract signed with Bahna. The company was invited to inspect the project in preparation for resuming work on its contract. Libyan Railways reported that the company’s CEO welcomed the invitation and confirmed that his company is ready to send a number of its engineers to inspect in preparation for resuming work on the project. Libyan Railroads participates in French Libyan Transport Forum 11 to 12 December, Paris (libyaherald.com)Libyan Railroads meets eastern government and BFI to discuss way forward (libyaherald.com)Libyan Railroads participates in ‘‘Financing Railway Projects in Africa Forum’’ in Dakkar, Senegal (libyaherald.com)Libyan Railroads and Russian Railways discuss activating stalled Sirte-Benghazi rail project (libyaherald.com)Libyan Railroads holds consultations with the ambassadors of Chad and Niger on rail link for transit trade route (libyaherald.com)Greece’s Mytilineos indicates desire to invest in Tripoli and Benghazi metros: Libyan Railroads (libyaherald.com)Railroads Libya visits sites to follow up on damage and loss of equipment (libyaherald.com)Railroads Libya hosts Tunisian engineering firm (libyaherald.com)Railroads Libya holds meeting with Hill International in Greece (libyaherald.com)BOT is the way forward for completion of Libya’s railway project (libyaherald.com)A railway system is fundamental to diversifying Libya’s economy post-oil (libyaherald.com)‘The Importance of Railways to Sustainable Growth, Transit Trade and Economic Development’’ workshop – Tripoli, 22 November (libyaherald.com)Libyan Railways Implementation Authority invites International Federation of Railways to participate in November workshop (libyaherald.com)Delegation from Libya’s Rail Authority visits InnoTrans 2022 in preparation for workshop (libyaherald.com)Libyan Rail Authority meets Chinese about restarting projects (libyaherald.com)Libya’s Railroad Authority tests old locomotive and 10 KM track from Khoms Port to Khoms station (libyaherald.com)Egypt and Libya contemplating extending Egypt’s rail line to Benghazi (libyaherald.com)Egypt to build rail line to Benghazi (libyaherald.com)Libya to develop its coastal free zones with African states through its railway project and create partnerships with EU (libyaherald.com)Russia considers resumption of work on Libyan railway (libyaherald.com)Massive LD 50-billion development of Tobruk unveiled; railway to Sudan to be built (libyaherald.com)Libya awaiting Chinese team for railway talks (libyaherald.com)Railway will be resumed (libyaherald.com)Russians in Tripoli for talks on Sirte-Benghazi railway project resumption (libyaherald.com)Tripoli and Benghazi LRT systems progress (libyaherald.com)Tripoli and Benghazi metro systems moving forward (libyaherald.com)Details of foreign consortium to invest and implement Tripoli metro, bus and infrastructure project and its financing revealed (libyaherald.com)Bashagha government signs cooperation agreement with Chinese Railways company, BFI and British consultants Arup (libyaherald.com)Details of foreign consortium to invest and implement Tripoli metro, bus and infrastructure project and its financing revealed (libyaherald.com)Chinese-led foreign consortium to invest and implement Tripoli metro and bus networkTripoli and Benghazi metro systems moving forwardFirst batch of public transport buses shipped from ChinaNew bus operations for Tripoli and BenghaziTripoli and Benghazi LRT systems progressChinese-led foreign consortium to invest and implement Tripoli metro and bus network (libyaherald.com)

January 31, 2024 20:37 UTC

And US airstrikes targeted a training facility and a safe house in the Bulbul district of Mayadin on Nov. 12. It was unclear if the reported missile attack caused any damage or injuries. A missile launched Tuesday night targeted the USS Gravely, an Arleigh Burke-class guided missile destroyer, the US military’s Central Command said in a statement. On Wednesday, a US military jet struck a surface-to-air missile that was about to launch from Houthi-controlled Yemen, a US official said. The official spoke on the condition of anonymity to provide details ahead of a public announcement.

January 31, 2024 19:13 UTC

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January 31, 2024 18:25 UTC

By Alex LawlerLONDON, Jan 31 (Reuters) - OPEC oil output in January registered the biggest monthly drop since July, a Reuters survey found, as several members implemented new voluntary production cuts agreed with the wider OPEC+ alliance and unrest curbed Libyan output. Some OPEC members pledged voluntary cuts in two rounds - in April 2023 and November 2023, and Saudi Arabia made an additional voluntary cut. Algeria cut output by 40,000 bpd, implementing most of its voluntary reductions. The top exporter extended a voluntary 1 million bpd cut into the first quarter as part of November's OPEC+ deal. Nigeria raised output by 40,000 bpd, the survey found, as some crude was processed in the new Dangote refinery and exports held largely steady, the survey found.

January 31, 2024 16:11 UTC

The Emperor Alexander III, which is nuclear powered and capable of carrying nuclear missiles, is one of Russia’s new Arctic Wind class of submarines. Analysts believe that Moscow plans to base such submarines in LibyaMeetings between Russia’s defence chief and the eastern Libyan leader have raised alarms about the prospect of a cache of nuclear weapons to Nato’s southFears are growing in Italy that Russia will base nuclear submarines at a naval port it hopes to establish in eastern Libya, dramatically boosting Russian influence in the central Mediterranean and placing nuclear weapons on Europe’s southern flank. This week Russia’s deputy defence minister Yunus-bek Yevkurov paid his fourth visit since last August to visit general Khalifa Haftar, the military strongman running eastern Libya. SponsoredThe two men have reportedly discussed the opening of a Russian naval base at Tobruk, potentially adding to Moscow’s two current bases in the eastern Mediterranean, at Tartus and Latakia in Syria. “I believe the Russians will want to prioritise basing nuclear submarines at Tobruk before surface vessels,” said Vincenzo Camporini a former head of the Italian armed forces and analyst

January 31, 2024 16:03 UTC

Illegal migrants from Nigeria leave an office of the Anti-illegal Immigration Agency before heading to the airport during a deportation operation in the Libyan capital Tripoli on Tuesday (AFP photo)Illegal migrants from Nigeria leave an office of the Anti-illegal Immigration Agency before heading to the airport during a deportation operation in the Libyan capital Tripoli on Tuesday (AFP photo)(MENAFN- Jordan Times) TRIPOLI - Libyan authorities on Tuesday began sending more than 320 irregular migrants to their home country Nigeria, an immigration official told AFP. War-torn Libya has become as a key departure point on North Africa's Mediterranean coast for migrants, mainly from other parts of Africa, risking dangerous sea voyages in hopes of reaching Europe. According to the IOM, there are more than 700,000 migrants in Libya. In 2015, the UN-affiliated organisation established a“voluntary humanitarian return” scheme, arranging and financing travel for migrants and asylum seekers in Libya wishing to leave for their respective origin countries. Last year, 9,370 people left under the programme, down from 11,200 in 2022, according to IOM figures.

January 31, 2024 15:42 UTC

During his meeting with Chadian Foreign Minister Mohamed Saleh al-Nadhif, Tripoli based Libyan prime minister, Abd Alhamid Aldabaiba, discussed the situation of Libyan investments in Chad, and how to provide the necessary facilities to continue them in positive conditions. The meeting was held on the sidelines of the Italian African Summit in Rome (28-29 January). They also discussed aspects of general cooperation between Libya and Chad, and the situation in Sudan and Niger. Libya seeks review and development of its investments in Rwanda (libyaherald.com)

January 31, 2024 13:27 UTC

The International Organization for Migration (IOM), in partnership with the Federal Government successfully repatriated 327 stranded Nigerians, including those released from detention facilities in Tripoli, Libya. Musa explained that 165 of the evacuees were Nigerians freed from detention facilities in Tripoli, while the rest were individuals stranded in the country. He noted that the evacuees were transported in two groups from Tripoli International Airport and Benina International Airport, Benghazi, on Tuesday evening. Musa added that the evacuees are expected to arrive at Murtala Muhammed International Airport, Lagos, on the same night. “Both batches of evacuees are expected to arrive at the Murtala Mohammed International Airport, Lagos on the same day.

January 31, 2024 09:14 UTC

The Federal Government, in collaboration with the International Organisation for Migration (IOM), has successfully evacuated 327 stranded Nigerians as well as those released from detention facilities in Tripoli, Libya. He stated that the evacuees were repatriated in two batches from Tripoli International Airport and Benina International Airport, Benghazi, on Tuesday evening. According to him, the evacuees are expected to arrive at the Murtala Muhammed International Airport, Lagos, on the same day at night. “Today, the Federal Government, in collaboration with the International Organisation for Migration (IOM), conducted another evacuation exercise, repatriating 327 stranded Nigerians in two different categories from Libya. “Both batches of evacuees are expected to arrive at the Murtala Mohammed International Airport, Lagos on the same day.

January 31, 2024 00:54 UTC