A meeting was held yesterday in the Cabinet Office of the Tripoli based Libyan government to follow up on the executive procedures for launching the system for granting electronic visas of all types to foreigners. These include tourist and work visas for foreigners. The meeting follows on from the meeting of 1 November 2023 announcing the launch of e-visas and reciprocal exemptions to certain cohorts for certain countries. It was agreed on the necessity of activating electronic work visas and giving them priority for launch, in coordination with the Ministry of Labour, in accordance with controls that contribute to regulating expatriate workers. Tripoli Libyan government to start issuing electronic Libyan visas to reciprocating countries, visa exemptions for cohorts from Egypt and Turkey (libyaherald.com)

Production at Libya’s largest oil field is about to restart after a three-week outage, the country’s National Oil Corporation said in a statement. The National Oil Corporation declared force majeure on El Sharara several days later. "The loss of confidence in the continuity of supplying the global market with Libyan oil will result in Libyan oil remaining unmarketed," the Libyan oil ministry said in a statement at the time. El Sharara was producing around 270,000 bpd before the latest outage, which made it the biggest contributor to Libya’s total crude oil output. These demands include addressing corruption and removing the head of the National Oil Corporation, Farahat Bengdara, Reuters reported earlier this month.

Changes sourcing in first para and headline, adds comments, backgroundBENGHAZI, Libya, Jan 21 (Reuters) - Production at Libya's Sharara oilfield restarted on Sunday, state oil company NOC said, after protesters ended a sit-in that had halted output since early January. Sharara field is one of Libya's largest, with a capacity of 300,000 barrels per day, but has been a frequent target for local and broader political protests. It is run by NOC via the Acacus company, with Spain's Repsol REP.MC France's Total TTEF.PA, Austria's OMV OMVV.VI and Norway's Equinor EQNR.OL. The South refinery contract was signed in March.2023 between NOC's subsidiary Zallaf and U.S.-based Honeywell for engineering work. The South refinery will produce cooking gas, jet fuel and other products, including 1.4 million litres a day of petrol and 1.1 million litres a day of diesel, NOC said previously.

(Bloomberg) -- Oil steadied, as the restart of production at OPEC member Libya’s largest field countered concerns about tensions in the Red Sea that look set to keep disrupting shipping. Libya’s National Oil Corp. said that flows from Sharara — which previously pumped about 270,000 barrels a day — would resume after a three-week stoppage. The incident puts a spotlight back on Russian flows as Moscow’s war in Ukraine approaches the two-year mark. Last week, the International Energy Agency highlighted gains in production outside the Organization of Petroleum Exporting Countries, with demand growth seen slowing. Most Read from Bloomberg Businessweek©2024 Bloomberg L.P.

The Libyan Government appointed by the House of Representatives, led by Osama Hamad, has signed contracts to construct 11 new bridges in Benghazi, Derna, and Ajdabiya. Six of the bridges will be in Derna, three in Benghazi, and two in Ajdabiya. Contracts were signed by the Reconstruction Committee and the Derna Reconstruction Fund with the the Wadi Nile Company, which recently implemented the Benghazi bridges, and the Egyptian NEOM Company.

Oil edged lower as OPEC member Libya restarted production from its largest field, bolstering global supplies and outweighing concerns about tensions in the Red Sea that look set to continue disrupting shipping. Libya’s National Oil Corp. said flows from Sharara — which previously pumped about 270,000 barrels a day — will resume after a three-week stoppage. Elsewhere in the Middle East, traders are expecting prolonged disruption to shipping in the Red Sea and Suez Canal as the US attempts to prevent Iran-backed Houthi rebels in Yemen from attacking vessels. Crude has struggled for direction this year — rising and falling on alternate weeks — as the impact of the crisis in the Middle East is balanced by expectations that oil markets will remain amply-supplied. Last week, International Energy Agency highlighted increases in production outside the Organization of Petroleum Exporting Countries, while demand growth slows.

(Bloomberg) -- Oil fell as OPEC member Libya restarted output at its largest field, bolstering global supplies and overshadowing for now concerns about tensions in the Red Sea that look set to continue disrupting shipping. Libya’s National Oil Corp. said that flows from Sharara — which previously pumped about 270,000 barrels a day — would resume after a three-week stoppage. Elsewhere in the Middle East, traders are expecting prolonged disruption to shipping in the Red Sea and Suez Canal as the US attempts to prevent Iran-backed Houthi rebels in Yemen from attacking vessels. Oil markets have factored in the impact of the Red Sea disruptions and the Israel-Hamas conflict, according to Vandana Hari, founder of Singapore-based analysis firm Vanda Insights. Most Read from Bloomberg Businessweek©2024 Bloomberg L.P.

Libya’s National Oil Corp (NOC) said on Sunday that a key oil field providing crude volumes to Mediterranean tankers is back at work after a two-week shutdown. The force majeure declared on 7 January for the Al Sharara field has now been lifted and the facility is resuming “full production”, NOC said in a statement on its website. Sharara, which supplies crude oil to the Zawiya port near Tripoli, shut down due to protests by local citizens pushing authorities to improve public services.

That’s a problem because it can cause algae blooms, contaminate drinking water and feed the so-called “dead zone” in the Gulf of Mexico. Activists and scientists say little change has happened because curbing the pollution relies mostly on voluntary action by farmers. Libya resumes production at oilfieldLibya’s state-owned oil company says production has resumed at the country’s largest oilfield, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages. The National Oil Corp. said in a terse statement it lifted the force majeure at the Sharara oil field in the country’s south on Sunday and resumed full production. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011.

The Attorney General’s Office reported yesterday that it has initiated proceedings after the seizure of approximately 8.604 million hallucinogenic tablets containing the addictive substance pregabalin by Benghazi Customs Authorities at Benghazi Port. The importers were attempting to smuggle the quantity into Libya inside a container. The container had arrived onboard a ship from India.

After a hiatus of more than two weeks due to protesters blocking the facility over fuel shortages, Libya’s state-owned oil company has resumed production at the country’s largest oilfield on Sunday. The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country’s south and resumed full production. Over the past two weeks, the company’s chief, Farhat Bengdara, and military officials from eastern Libya have been negotiating with the protest leaders, Fezzan Group. Barzingi al-Zarrouk, the protesters’ spokesman, announced that they had suspended their protest after they reached an agreement with the company. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011.

Libya’s National Oil Corporation on Sunday announced the resumption of crude production from the Sharara oilfield in the country’s south. The crude production facility, which was shut down on January 7 following protests by area residents demanding better infrastructure and economic opportunities, produces 300,000 barrels of oil a day. "NOC declares lifting of force majeure and resumption of full production from Sharara", the state-run energy company said in a Facebook post. Sharara field is vital to the future plans of NOC, which in October said it planned to increase its crude production to 2 million bpd over the next three to five years. Hydrocarbons make up about 95 per cent of Libya's exports and account for nearly 95 per cent of government revenue.

Libya's state-owned oil company resumed production at the country's largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages. The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country's south and resumed full production. Force majeure is a legal maneuver that releases a company from its contractual obligations because of extraordinary circumstances. Barzingi al-Zarrouk, the protesters' spokesman, announced that they have suspended their protest after they reached agreement with the company. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011.

Libya’s state National Oil Corporation (NOC) has announced that it has lifted the state of force majeure on the Sharara oilfield. It reports that the field is returning to full production. It will be recalled that the NOC had declared a state of force majeure on the Sharara oilfield on Sunday 7 January after local protesters had forced the field to close. The protesters were ostensibly demonstrating against local grievances such as shortages of supplies, including vehicle fuel and cooking gas. NOC declares force majeure on Sharara oilfield due to closure by local protesters (libyaherald.com)

The Libyan Export Promotion Centre (LEPC) reported yesterday that Al-Sababeel Company, one of the companies registered in its Exporters’ Registry, has exported 300 tons of dates to Morocco. This consignment is a first shipment among agreed-upon shipments to Morocco. The LEPC also reported that the same company has also exported 25 tons of dates to Malaysia.