Department of State’s 2024 Investment Climate Statements: Libya has a difficult investment environment
Jul 21 Sami Zaptia

Department of State’s 2024 Investment Climate Statements: Libya has a difficult investment environment

The Department of State published the 2024 Investment Climate Statements (ICS) last Wednesday 17 July.  These reports describe the investment climates...

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 UK will investigate any allegations of corruption in Libyan oil sector
May 4 Sami Zaptia

 UK will investigate any allegations of corruption in Libyan oil sector

The UK will investigate any allegations of corruption in the Libyan oil sector.The statement was made in a written answer in the British House of Comm...

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LBBC leads delegation to Tripoli of 30 business representatives
Nov 12 Sami Zaptia

LBBC leads delegation to Tripoli of 30 business representatives

The Libyan British Business Council (LBBC) organised a business delegation to Tripoli from 8 to 9 November. The LBBC said the delegation consisted of...

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Apr 26 Sami Zaptia

NOC lifts force majeure on Hariga after government allocates it LD 1 bn to pay its debts

By Sami Zaptia.(Logo: NOC).London, 26 April 2021:Libya’s state National Oil Corporation (NOC) announced today that it has lifted the state of force ma...

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Apr 24 Sami Zaptia

Libya’s oil production down by 300,000 bpd due to lack of budget, could decline further

By Sami Zaptia.(Logo: NOC).London, 24 April 2021:Libya's oil production has recently declined to one million barrels per day (bpd) down from 1.3 milli...

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Apr 16 Sami Zaptia

Libya’s March record oil revenues tip US$ 2 billion mark, NOC transfers US$ 2 to government account

By Sami Zaptia.(Logo: NOC).London, 16 April 2021:Libya’s state National Oil Corporation (NOC) announced yesterday that its March oil revenues reached...

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Jan 21 Sami Zaptia

LD 26.7 bn CBL budget deficit loan for 2020

By Sami Zaptia.(Logo: Tripoli CBL).London, 21 January 2021: The Central Bank of Libya’s (CBL) loan to the internationally recognized Libyan government...

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Dec 24 Sami Zaptia

CBL budget deficit loan reaches LD 25 bn

By Sami Zaptia.London, 24 December 2020: The Central Bank of Libya’s (CBL) loan to the internationally recognized Libyan government based in Tripoli h...

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Nov 7 Sami Zaptia

Libya’s oil production passes 1 million barrel mark

By Sami Zaptia.London, 7 November 2020: Libya’s crude oil production exceeds the one million barrels per day mark, the country’s state National Oil Co...

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Oct 21 Sami Zaptia

Agreement reached on several important issues at Libyan 5+5 Geneva Joint Military Talks

By Sami Zaptia.London, 21 October 2020: Acting UNSMIL head, Stephanie Williams today reported early agreement on important issues by the two sides at...

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