Committee discusses regulation and fuel smuggling prevention system provided by Al-Namaa Oil Investment Company

‎The committee formed by Prime Minister’s Decree No. 308 of 2024 held its first meeting to discuss the electronic fuel regulation and smuggling prevention system provided by Al-Namaa Oil Investment Company.‎‎The company and researcher (and designer of the e-system), Mohamed Amer, provided the technical details and components of the project regarding the provision of all gas stations with the necessary equipment and the duration of the project’s implementation.‎‎System to be installed in all distribution stationsThe Audit Bureau made a presentation showing its observations regarding the hydrocarbon file, and the need for the system to be installed in all distribution stations and supported by all state institutions to ensure its success.‎‎Phase one will cover major diesel consumersDuring the meeting, it was agreed that the first phase of the project will be implemented on following up the distribution of diesel to major consumers as it represents 60% of the total fuel supplied, organizing its distribution and eliminating leakage at all stages of distribution.‎The work of the committee comes based on the directives of the Prime Minister during his participation in the workshop organized by Brega Company to present the electronic fuel distribution system, through the formation of a committee that includes all state institutions to study the extent of its implementation and benefit.‎‎Reduce subsidised fuel smugglingThe head of the General Information Authority, Chairman of the Committee, Abdul Basit Al-Baour, pointed out that these efforts come within the government’s plan to address the fuel file and organize it in terms of supply and distribution, identify needs and introduce technology in controlling these operations, which will reduce smuggling work.‎PM Aldabaiba attends workshop on an experiment of an electronic system to prevent fuel smuggling (libyaherald.com)NOC chairman Bengdara says his organisation is not a security force to combat fuel smuggling (libyaherald.com)Aldabaiba forms ministerial committee to study mechanism for fuel subsidy reform – again (libyaherald.com)Supreme Council for Energy adopts NOC 2023-2027 plan, including alternative energy project (libyaherald.com)Attorney General bans 15 petrol stations for fuel smuggling abroad (libyaherald.com)Prosecutor orders fuel supply ban on 32 petrol stations accused of complicity in fuel smuggling (libyaherald.com)Upon Attorney General’s order, Brega stops supplying 32 petrol stations accused of fuel smuggling (libyaherald.com)At Gharian cabinet meeting, Aldabaiba explains fall in black-market value of dinar and resounds alarm over fuel subsidies (libyaherald.com)Ministry of Oil concerned about negative effect of UN report on fuel smuggling on sector investment (libyaherald.com)Zawia Public Prosecutor orders detention of militia commander guarding Zawia refinery for fuel smuggling (libyaherald.com)Attorney General takes measures to combat Zawia refinery fuel smuggling through security apparatus (libyaherald.com)In an effort to counter fuel smuggling, the Economy Minister orders fuel trucks to be fitted with GPS tracking devices (libyaherald.com)GPS truck tracking to be used to counter fuel smuggling, profiteering by fuel distributors will be penalized (libyaherald.com)Libya’s fuel smuggling: a new Swiss connection is revealed (libyaherald.com)Alternatives to fuel subsidies with cash payments delivered to Aldabaiba (libyaherald.com)Libya evaluating subsidies for renewable energies – within existing fuel subsidies (libyaherald.com)Prime minister Aldabaiba forms Ministerial committee to study reforming fuel subsidies, orders payment of family grant, increases pensions (libyaherald.com)Brega claims it can assess demand, manage smooth fuel distribution and reduce its smuggling (libyaherald.com)Libya’s annual fuel bill rose to US$ 12 bn due to increased electricity production (libyaherald.com)Fuel quantities, smuggling and subsidy reform – and increased oil production through PPP discussed at summit meeting (libyaherald.com)

Source:Libya Today

July 26, 2024 04:40 UTC


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