Libyan Oil Minister Cleared of Smuggling, Mismanagement Allegations
Libyan Oil and Gas Minister Mohamed Aoun has resumed his position after being removed from duty in early April pending an investigation into oil smuggling and mismanagement allegations, the Libyan Herald reports, citing the Ministry’s social media accounts. “His Excellency the Minister of Oil and Gas Eng. Mohamed Mohamed Aoun began this morning his duties at the Ministry of Oil and Gas’’, the Ministry said in its announcement, adding that the investigation into Aoun’s activities had been concluded. Aoun was suspended on March 25 for what alleged mismanagement, with Deputy Oil Minister Khalifa Abdul Sadiq, interim Tripoli-based prime minister AbdulHamid al-Dbeiba’s nephew, replacing him. "On the other hand, Aoun retains the support of parties with the ability to disrupt Libya's oil and gas production,” he added.
Source:Libya Today
May 29, 2024 17:37 UTC
Migrants: landings in Italy drop by 58,44 percent compared to last year, over 10 thousand arrivals from Libya
At least 20.209 migrants have landed irregularly in Italy since the beginning of the year to date,down 58,44 percent compared to the same period in 2023, when 48.778 people had arrived on the Italian coast by sea. The analysis of the countries of departure of the boats highlights that, unlike last year, arrivals in Italy from Libya since the beginning of the year have been higher than those from Tunisia. There were also 372 arrivals from Turkey, which between January 28st and May 1.619th last year stood at XNUMX. Most of the migrants who landed in Italy declared they came from Bangladesh (4.123, presumably leaving from Libya) and Tunisia (2.772). Then followed by 2.764 Syrians (who generally depart from the Libyan coast) and 1.761 Guineans (who usually depart from Tunisia).
Source:Libya Today
May 29, 2024 16:06 UTC
Libyan PM visits China to strengthen bilateral relations
The Prime Minister of the Government of National Unity (GNU) Abdul Hamid Dbeibah is visiting China to bolster bilateral relations and strengthen cooperation in multifarious fields, a GNU statement has unveiled. The statement said Dbeibah’s visit would also aim at holding extended talks with the Premier of the People’s Republic of China, Li Qiang, tackling issues of joint interest in economy, trade and infrastructure; among other fields. Libyan Premier will also participate in the Arab-Chinese Forum to stress Libya’s vision as to strengthening Arab-Chinese cooperation in different fields, in addition to achieving sustainable development and prosperity in the region. According to the statement, Libya and China want to expand cooperation in the industrial, agricultural and trade sectors, and Dbeibah’s visit is scheduled to include discussions on joint investment opportunities.
Source:Libya Observer
May 29, 2024 09:22 UTC
Autonomy group in east Libya forms oil firm in challenge to Tripoli
TRIPOLI (Reuters) - An autonomy movement in eastern Libya that has seized several oil ports said on Sunday it had unilaterally formed a regional oil firm in a direct challenge to the central government in Tripoli. The firm would be temporarily based in Tobruk in the far east, where protesters have seized an oil port and on Friday blocked a government-chartered tanker from loading oil, leaders of the group told a televised news conference in the eastern town of Ajdabiya. (Reporting by Feras Bosalum and Ulf Laessing; Editing by Kevin Liffey)
Source:Libya Today
May 29, 2024 09:19 UTC
Libya maritime deal also in Turkish schools
Turkey’s Ministry of Education is also including the Turkey-Libyan maritime memorandum in the new educational program for school students, along with the “Blue Homeland” dogma that expresses Ankara’s claims in the Aegean and the Eastern Mediterranean. “Students can be assigned research projects on international problems and solutions related to water, the agreement on the delimitation of maritime jurisdiction in the Mediterranean signed between Turkey and Libya, regional water disputes, national security and water security, unfair claims on Turkey’s water resources, Turkey’s islands, international migration to Turkey due to drought or possible water-related migration scenarios within the country,” states the “Century of Turkey” program regarding the ninth-grade geography curriculum. As Kathimerini has revealed, middle and high school students in Turkey will be taught the importance of the Blue Homeland with maps. Regarding history, the new program states that in high school, “through various sources, students are provided with the opportunity to examine the topics: Korean War, Turkey’s NATO membership, the Cyprus problem and the Cyprus Peace Operation, Greek-Turkish relations, Turkey’s maritime geopolitics and Turkey’s maritime jurisdiction – Blue Homeland, unsubstantiated Armenian claims and ASALA terrorism, Turkey-EU relations, ties with the Turkish world, the Nagorno-Karabakh problem and the Bosnian war.”The Turkish Ministry recommends that from September 2024, when the new school year will start, students may be asked to research the life and work of important figures such as first Bosnian President Alija Izetbegovic, Turkish-Cypriot leader Rauf Denktash and Sadik Ahmet. Meanwhile, in the statement issued after a meeting of the Turkish National Security Council, there was no mention of Greek-Turkish relations and developments in the Aegean and the Eastern Mediterranean.However, Turkish media, which had information from government sources, had reported that the issue of Athens-Ankara relations would be on the agenda.
Source:Libya Today
May 29, 2024 08:05 UTC
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Source:Libya Today
May 29, 2024 07:40 UTC
Brent hits three-week low below $111; Libya could boost supply
Brent rose 3 cents to $110.67 a barrel by 0642 GMT, near a more than three-week low of $110.51 hit earlier. State-run National Oil Corp lifted force majeure from the major eastern Ras Lanuf and Es Sider oil ports after rebels agreed last week to end a blockade to press financial and political demands. But geopolitical tensions in Iraq and Ukraine should continue to underpin oil prices. Brent hit this year's high above $115 in June when fighting broke out in northern Iraq. "There is still uncertainty in Iraq and Ukraine, supporting oil prices at these levels," Hasegawa said, adding that Brent could easily test the year's high if there was any sign of supply disruption.
Source:Libya Today
May 29, 2024 06:37 UTC
Oil and Gas Minister Mohamed Aoun reinstated to his post after end of investigation
Libya’s Tripoli based Ministry of Oil and Gas announced today that Oil and Gas Minister Mohamed Aoun has returned to his post. The social media post was accompanied by a photograph of Aoun working at his ministerial desk. His Excellency the Minister of Oil and Gas Eng. Mohamed Mohamed Aoun began this morning his duties at the Ministry of Oil and Gas’’. Comment: Aldabaiba meeting Acting Oil and Gas Minister Abdel Sadig.
Source:Libya Today
May 28, 2024 18:19 UTC
Four employees at the National Commercial Bank sought for LD 4.86 million fraud
The Attorney General’s Office reported yesterday that its Prosecutor has detained the Current Accounts Officer and seeking three other employees at the National Commercial Bank – Zawiya Refinery Branch. The four bank employees are sought by the law for using forged bank instruments for illicit gains amounting to over LD 4.86 million.
Source:Libya Today
May 28, 2024 12:50 UTC
Malta opens new visa application centre in Misrata
The Maltese Embassy in Libya announced today that it had opened a new visa application centre in Misrata yesterday. The centre is in partnership with visa processing company VFS Global. Ambassador Saliba further recalled that just as Malta was the first European Union Member State to introduce direct flights between Malta and Libya, Malta was again taking the initiative as the first member of the Schengen area to open a visa application office in Misrata in order to facilitate the submission of visa applications for the communities in Misrata and neighbouring cities. Misrata, the embassy added, is considered as a major hub for business activities, as well as a maritime hub with its port and Freezone area and air link with a newly built airport. Similarly, Jonathan Engerer, the Consul of Malta, highlighted that since his arrival at the Embassy a year ago, the opening of this visa application centre was earmarked as a priority.
Source:Libya Today
May 28, 2024 12:35 UTC
Engineering exports surge 32.3% YoY during first 4M of 2024
Cairo – May 28, 2024: During the first four months of 2024, Egypt’s engineering exports witnesses a significant surge of 32.3 percent to record a value of $1.673 billion, compared to $1.264 billion in the same period last year. According to Sherif Al-Sayyad, Chair of Egypt's Engineering Export Council, April 2024 reported a record 50.3 percent increase in engineering exports, the highest in the sector’s history, reaching $431.5 million, compared to $287.1 million in April 2023. Al-Sayyad underscored the success of export expansion plans in collaboration with the Ministry of Trade and Industry, contributing to the state's strategy of enhancing commodity exports and reaching the $145 billion export target by 2030. Executive Director of the Engineering Export Council, Mai Helmy, outlined the council's strategy to boost exports by 15-20 percent by the end of 2024. This includes participating in international exhibitions, organizing trade missions, and external trade weeks.
Source:Libya Today
May 28, 2024 11:22 UTC
Sudan's Christians fear the world has abandoned them
Sudan's Christians fear the world has abandoned themWith the world's focus on ongoing wars in Europe and the Middle East, the victims of a conflict in Africa fear that they are at risk of being forgotten and are calling on the West to remember their plight. "The situation is deteriorating every day and there is no response from the world. Illia visited the war-torn region earlier this month, and said that there is a real fear amongst Sudan's Christian community that the world's eyes are turned elsewhere. Sudan's two million Christians have particular reason to fear a continuation of the conflict. Observers fear that the ongoing violence may be used as a pretext for greater persecution of believers, making an already fraught existence harder for Christians.
Source:Libya Today
May 28, 2024 10:44 UTC
UN holds urgent meeting on Rafah airstrike casualties
The council announced via its "X" platform account that the consultations will address "the situation in the Middle East, including the Palestinian issue." Diplomatic sources informed the Agence France-Presse on Monday that the closed-door meeting was requested by Algeria, a non-permanent member of the council. The Israeli army stated that it is investigating reports that an airstrike targeting Hamas leaders in Rafah caused the fire. Israeli Prime Minister Benjamin Netanyahu said the strike was not intended to result in civilian casualties. The Israeli military mentioned that Sunday's airstrike, based on "precise intelligence," resulted in the death of the head of Hamas' West Bank office and another senior leader responsible for attacks on Israelis.
Source:Libya Today
May 28, 2024 10:18 UTC
Takala meets with German minister and discusses the path towards the elections
The head of the High Council of State, Mohammed Takala, has held talks with the Minister of State at the German Foreign Ministry, and Member of the German Parliament, Katja Keul, ways to achieve a democratic path leading to consensual elections. Both sides reviewed cooperation between the two countries and ways to enhance them, in addition to developments in the political situation in Libya. The meeting, which was held at the headquarters of the High Council of State in Tripoli, was attended by the Chairman of the Council’s Political Committee, as well as the German Political Advisor, the Deputy Head of the Maghreb Department of the German Foreign Ministry, and the German Ambassador to Libya.
Source:Libya Observer
May 28, 2024 08:57 UTC
PM outlines risks facing Libyan Investments in Africa
The Libyan Prime Minister Abdul Hamid Dbeibah spoke about four risks facing Libyan investments in Africa. His notes were made during an expanded meeting on Monday to follow up on investments in African countries. Meanwhile, the Director General of the Libya Africa Investment Portfolio, Mohamed Al-Miladi, gave a presentation that included the portfolio’s activity in Africa and the difficulties facing the portfolio in all countries. He described the current situation of the portfolio as “positive” compared to previous years. The Director of the Libyan Foreign Bank, Khalid Al-Konsul, said that Burkina Faso’s decision to nationalize a joint bank with Libya is an illegal measure, which was made “despite the efforts by the Libyan Foreign Bank and the Ministry of Foreign Affairs with Burkina Faso's side for a legal settlement.”Last Thursday, Burkina Faso government announced the nationalization of the Libyan Arab Bank for Trade and Development, which was established in partnership with the Libyan Foreign Bank, claiming that it aims to ensure better governance of the bank.
Source:Libya Observer
May 27, 2024 23:51 UTC