At Gharian cabinet meeting, Aldabaiba explains fall in black-market value of dinar and resounds alarm over fuel subsidies
Nov 11 Sami Zaptia

At Gharian cabinet meeting, Aldabaiba explains fall in black-market value of dinar and resounds alarm over fuel subsidies

The most prominent points in the speech of Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba at the ninth regular cabinet meeting of 2023 held...

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Brega claims it can assess demand, manage smooth fuel distribution and reduce its smuggling
Nov 7 Sami Zaptia

Brega claims it can assess demand, manage smooth fuel distribution and reduce its smuggling

On Sunday, during an expanded meeting between Tripoli based Libyan prime minister, Abd Alhamid Aldabaiba, with the Chairman of the National Oil Corpor...

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Fuel quantities, smuggling and subsidy reform - and increased oil production through PPP discussed at summit meeting
Oct 18 Sami Zaptia

Fuel quantities, smuggling and subsidy reform - and increased oil production through PPP discussed at summit meeting

Libya’s Tripoli based Prime Minister, Abd Alhamid Aldabaiba, held a meeting yesterday at the Central Bank of Libya (CBL), with the Governor of the CBL...

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CBL data for 2022 represents the current account of the government at the CBL, nothing else: Leading businessman Husni Bey
Jan 9 Sami Zaptia

CBL data for 2022 represents the current account of the government at the CBL, nothing else: Leading businessman Husni Bey

Leading Libyan businessman Husni Bey said the data for 2022 issued by the Central Bank of Libya (CBL) on 4 January represents the cash flows of the go...

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Customs Authority returns 22,200 litres of seized smuggled fuel to Brega Company
Jul 31 Sami Zaptia

Customs Authority returns 22,200 litres of seized smuggled fuel to Brega Company

The Customs Authority at the Ras Jdair Libyan-Tunisian land border crossing has handed over a total of 22,200 litres of seized fuel intended for smugg...

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Libya evaluating subsidies for renewable energies – within existing fuel subsidies
Apr 14 Sami Zaptia

Libya evaluating subsidies for renewable energies – within existing fuel subsidies

Libya is evaluating subsidies for renewable energies, the Privatization and Investment Board (PIB) reported Monday.This comes after current incumbent...

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Amidst acute power cuts and high demand for generator fuel: NOC forced to distribute diesel directly in public squares to circumvent black-market racketeering
Aug 8 Sami Zaptia

Amidst acute power cuts and high demand for generator fuel: NOC forced to distribute diesel directly in public squares to circumvent black-market racketeering

By Sami Zaptia.London, 8 August 2020:Amidst continuing acute mid-summer power cuts and high demand for diesel to run generators, the National Oil Corp...

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Jul 27 Sami Zaptia

Libya’s Economic Reform Salon proposes reforms for the country’s fuel subsidies

By Sami Zaptia.London, 27 July 2020:The Economic Salon, a Libyan policy reform think-tank made up of the country’s elite administrators, managers, pol...

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NOC aims for 1.5 M barrels a day in 2020 and 2.1 M in 2024
Nov 21 Michel Cousins

NOC aims for 1.5 M barrels a day in 2020 and 2.1 M in 2024

By Michel Cousins. Tunis, 21 November 2019:The NOC is spending LD 1.5 billion to increase oil output to 1.5 million barrels a day within the next year...

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UNSMIL and Economy Ministry discuss economic reforms, the 2020 budget, non-state budget financing of projects
Oct 16 Sami Zaptia

UNSMIL and Economy Ministry discuss economic reforms, the 2020 budget, non-state budget financing of projects

By Sami Zaptia. London, 16 October 2019:During a meeting at his Tripoli office, Libya’s Minister of Economy and Industry, Ali Issawi met UNSMIL’s Depu...

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