Libya To Resume Oil Exports After Lifting Force Majeure
Libya will begin loading oil for export on July 20 after the force majeure was declared lifted following an intense battle for control of the National Oil Company (NOC) last week. The statement also said that an additional two tankers would arrive at the port of Ras Lanuf, either on the 20th or 21st. “These arrangements have been made in order to resume production operations,” NOC added. As of June 30th, Libya was exporting between 365,000 and 409,000 barrels per day. Prior to the declaration of force majeure in April, the country was exporting up to 865,000 bpd, according to NOC data cited by S&P Platts.
Source:Libya Today
July 19, 2022 15:21 UTC
Burkan Al-Ghadab Martyrs Association denounces Al-Nathori and Al-Haddad's meeting in Tripoli
Burkan Al-Ghadab (Volcano of Rage) Operation's Martyrs Families Association condemned the visit of Khalifa Haftar forces' Chief of Staff, Abdelrazik Al-Nathori, to Tripoli and his meeting with the Chief of Staff of the Libyan Army Mohammed Al-Haddad on Monday. The Association said in a statement that Al-Nathori was one of the participants in the offensive on Tripoli and one of those involved in the crimes of that war, urging Libyans to reject the militarization of the state and any forma of coup, and saying that the visit was a violation and should not be accepted no matter the outcome. The statement reiterated support for any steps that lead to the unification of state institutions but through independent national figures who are not under the influence of foreign agenda and have never committed crimes against Libyans. "The General Staff and Defense Ministry are responsible for making a farce out of the instructions of military judiciary that ordered the arrest of Al-Nathori and this visit is a way of ignoring the blood shed by Libyans." Al-Haddad received Al-Nathori on Monday along with the eastern members of the 5+5 Joint Military Commission to discuss the unification of the military institution.
Source:Libya Observer
July 19, 2022 15:02 UTC
Tue. 9:24 a.m.: Putin in Tehran for talks with leaders of Iran, Turkey
TEHRAN, Iran (AP) — Russian President Vladimir Putin arrived today in Iran for a visit intended to deepen ties with regional heavyweights as part of Moscow’s challenge to the United States and Europe amid its grinding campaign in Ukraine. Turkey, a NATO member, has found itself opposite Russia in bloody conflicts in Azerbaijan, Libya and Syria. Israel maintains good relations with Putin, a necessity given Russian presence in Syria, Israel’s northeastern neighbor and frequent target of its airstrikes. In his fifth visit to Tehran, Putin will meet Iran’s Supreme Leader Ayatollah Ali Khamenei, with whom he has a “trusting dialogue,” Putin’s foreign affairs adviser Yuri Ushakov said. Talks to lift a Russian blockade and get Ukraine’s grain into global markets will also be on the agenda.
Source:Libya Today
July 19, 2022 13:24 UTC
Libya's new govt-appointed NOC chief says no change to company status
(Reuters) - Farhat Bengdara, who was declared chairman of Libya's National Oil Corp last week by the Government of National Unity in Tripoli said his appointment did not change the company's legal position after its validity was challenged. Under his leadership, NOC will seek new relationships with international investors to facilitate increased energy production, the former central bank governor said. (Reporting by Angus McDowall; Editing by Kirsten Donovan)
Source:Libya Today
July 19, 2022 12:46 UTC
Libya's NOC chief rejects challenges to his appointment
TRIPOLI :Libya's new National Oil Corporation (NOC) chief Farhat Bengdara on Tuesday rejected challenges to his appointment as most of the company's major subsidiaries publicly acknowledged his leadership and work at some shuttered fields and ports resumed. "The GNU's decision to appoint me as NOC chairman does not represent any change in the legal position of the NOC or in its relationship with the government," he added. Libya's eastern-based parliament, which does not recognise the GNU, has said that Mustafa Sanalla remains the NOC's legitimate chairman. Analysts say Bengdara is seen as close to eastern Libyan commander Khalifa Haftar, long an ally of the eastern-based parliament. They say Dbeibah's appointment of Bengdara may represent an effort to court Haftar's support for the GNU.
Source:Libya Today
July 19, 2022 11:33 UTC
Libya reported to have lifted force majeure on oil exports
Libya has reportedly lifted the force majeure on oil fields and ports as of Monday, according to ship agency company GAC. The country’s National Oil Corporation (NOC) has issued instructions to restart production arrangements, considering the standards of security, public safety and safety of operations.
Source:Libya Today
July 19, 2022 11:15 UTC
Binqadara: Lack of funding one of main challenges facing Libya’s oil sector
One of the main challenges facing Libya’s oil sector is the lack of funding, said Farhat Binqadara, chairman of the National Oil Corporation (NOC). Speaking during interview with Al-Arabiya Al-Hadath channel on Saturday, Binqadara claimed the state-owned oil company does not necessarily need money as method of funding, as it can also “use bonds or borrow from international institutions, or invest with partners or the Libyan private sector.”Binqadara pointed out that financing NOC requires “flexibility in dealing with laws and institutions, including the Central Bank of Libya.”Regarding the budget allocated by the government of Abdul Hamid Dbeibeh, estimated at 43 billion dinars, the NOC chairman revealed “there are financial arrangements with this amount to implement the plan to develop the oil sector, and we will try to use this amount for optimal use.”
Source:Libya Today
July 19, 2022 09:35 UTC
LNA: Military leaders across Libya capable of bridging gap
Despite the differences between them, military leaders in Libya are the most of achieving consensus and bridging gap in the country, said Major General Ahmed Al-Mismari, the spokesman for the Libyan National Army (LNA). Al-Mismari remarks came on Monday; the same day that the 5+5 Joint Military Commission held a meeting in Tripoli. It was the first time that LNA representatives met their fellow military commanders from western Libyan in the capital. “The ability of the sons of this institution to forget their major differences and go to the higher goals on which the Libyan military doctrine is built, which is protecting the homeland and the citizen and defending its sovereignty and territorial integrity, is the essential point that makes the military institution more responsive to the voice of reason and logic,” he added. “Even if we put forward the assumptions of deals and political agreements, we will find the sons of the military institution that are most committed and disciplined and most eager to fulfill their covenants and pacts,” said the LNA spokesman.
Source:Libya Today
July 19, 2022 07:51 UTC
Putin heads to Tehran for talks with leaders of Iran, Turkey
Turkey, a NATO member, has found itself opposite Russia in bloody conflicts in Azerbaijan, Libya and Syria. Israel maintains good relations with Putin, a necessity given Russian presence in Syria, Israel's northeastern neighbor and frequent target of its airstrikes. He will also hold talks with President Raisi on issues including Tehran's nuclear deal, of which Russia is a key signatory. The focus of the talks among the three presidents will be the decade-old conflict in Syria, where Iran and Russia have backed President Bashar Assad’s government, while Turkey has supported armed opposition factions. Talks to lift a Russian blockade and get Ukraine’s grain into global markets will also be on the agenda.
Source:Libya Today
July 19, 2022 06:53 UTC
193 migrants rescued off Libyan coast in past week: IOM
TRIPOLI, July 18 (Xinhua) -- The International Organization for Migration (IOM) said on Monday that 193 migrants were returned to Libya after being rescued off the coast last week. "In the period of July 10-16, 2022, 193 migrants have been disembarked back on Libyan shores," IOM said in a statement. A total of 10,465 migrants have been rescued and returned to Libya so far in 2022, including 694 women and 400 minors, IOM added. IOM also said 176 migrants died and 634 others went missing on the Central Mediterranean route in 2022. In 2021, a total of 32,425 migrants were rescued and returned to Libya, while 662 died and 891 others went missing off the Libyan coast on the Central Mediterranean route, according to IOM.
Source:Libya Today
July 18, 2022 23:47 UTC
Malta resumes granting visas to Libyans in Benghazi
The Ambassador of Malta to Libya, Charles Saliba, has confirmed resumption of granting visas to Libyans in Benghazi city starting from July 24, through the visa office located in the Al-Fuwaihat area, according to Benghazi Municipality. This came during his meeting with the mayor of Benghazi Municipality, Saqer Bujwari, to discuss the procedures related to granting visas to Libyan citizens. Both sides also discussed ways of cooperation in the educational, health and cultural fields, in addition to coordinating with the Benghazi Chamber of Commerce, Agriculture and Industry to arrange a meeting for a number of Maltese and Libyan businessmen in Benghazi.
Source:Libya Observer
July 18, 2022 21:47 UTC
Libya’s NOC to resume oil export on July 20
Libya will resume exporting crude oil on July 20 following a prolonged closure which ended after a new board was picked for the The National Oil Corporation (NOC), announced the state-owned oil company on Monday. On July 20, two tankers are scheduled to arrive at Zueitina port and Sidra port to load more than one million barrels of oil, according to a statement released by NOC on its Facebook page. Another two tankers are set to arrive at Ras Lanuf port on 20th and 21st, respectively. “These arrangements have been made in order to resume production operations,” NOC added.
Source:Libya Today
July 18, 2022 19:59 UTC
HCS head: Financial administration remains an internal affair
President of the High Council of State (HCS), Khaled Al-Mishri, discussed Sunday financial and economic issues in talks with heads of the CBL, the Audit Bureau, and the Supervisory Board. A statement by the HSC media office said Al-Mishri reviewed current affairs, mainly administrative, financial, and economic files, in addition to the latest developments in the unification of the monetary authority and the mechanism for enhancing the Libyan economy and income level. Al-Mishri affirmed during the meeting, which took place in Tripoli, Libya's right to manage its funds, taking into account transparency and accountability. In this context, he expressed the Council's readiness to cooperate and provide all support possible to all institutions.
Source:Libya Observer
July 18, 2022 19:51 UTC
MWL welcomes 'Jeddah Summit for Security and Development' outcomes
CAIRO - 18 July 2022: The Muslim World League (MWL) welcomed the outcomes of the "Jeddah Summit for Security and Development" hosted by the Kingdom of Saudi Arabia with the participation of the Cooperation Council for the Arab States of the Gulf, Jordan, Egypt, Iraq and the United States of America. His Excellency the MWL's Secretary General, Chairman of the Association of Muslim Scholars, Sheikh Dr. Muhammad bin Abdulkarim Al-Issa, commended the outcomes of the summit, which focused on partnership in promoting the region's peace and prosperity, and the necessary measures required to maintain the region's security and stability, and joint response to challenges. His Excellency also welcomed the participation in the pivotal climate change issue that is pivotal to humanity's existence and presence on the discussion table as a major issue in this extraordinary summit. He also praised the leaders' declared determination to collectively address climate challenges through the development of cooperation, regional integration and joint projects. Peoples of the region have high expectations concerning the contribution of the outcomes of the summit in general to addressing the problems facing their region and overcoming the challenges it has been through.
Source:Libya Today
July 18, 2022 19:34 UTC
Nadori in Tripoli to complete consultations on military institution unification
Chief of General Staff of the Libyan National Army (LNA), Lieutenant-General Abdul Razzaq Al-Nadori, arrived Monday in Tripoli to hold a meeting within the framework of completing consultations on the unification of the military institution. Upon his arrival at Mitiga Airport, Al-Nadori was received by the Chief of General Staff of the Western Region, Lieutenant-General Mohamed Al-Haddad. Sources said that Al-Nadori will meet in Tripoli with Al-Haddad, to complete the military consultations that were previously launched in Sirte.
Source:Libya Today
July 18, 2022 11:49 UTC