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Libya

NOC in legal tussle with trader Litasco

Libya's state oil company owes almost $42m to the fuel trader, which is taking legal action in the UK. The Libyan financial watchdog has meanwhile referred the case to the public prosecutor.

Subscribers only Energy 21.11.2024

NOC makes new offer to Trasta Energy for Ras Lanuf refinery

Libya's state oil company National Oil Corp remains eager to acquire Emirati firm Trasta Energy's shares in LERCO, the joint venture intended to modernise the Ras Lanuf refinery.

Subscribers only Energy 13.11.2024

Belkacem Haftar organises Libya-France forum to promote his projects

Belkacem Haftar, a son of Khalifa Haftar in Sebha, Libya, 5 September 2024. © Abdullah Doma / AFP

Subscribers only Business, Diplomacy 11.11.2024

Businessman Mohamed Taher Issa on 7 May 2022 in Misrata. © Islam Alatrash/SOPA Images/Sipa/Reuters

Inner circles
Business magnate Mohamed Taher Issa tempted by political role

As many call for a new government, the Misrata businessman is no longer hiding his hostility towards Prime Minister Dabaiba and could decide to step into the political arena on his own account.

Subscribers only Politics, Business 08.11.2024

An oil field in south-west Libya in 2020. © Philippe Roy/Aurimages via AFP

Spotlight
How the mysterious Arkenu Oil took over AGOCO's production

The only private company in Libya that extracts and markets the country's oil has won a production contract with Arabian Gulf Oil Co. Based in Benghazi, it is also a favourite on several of the NOC subsidiary's markets.

Subscribers only Energy, Business 16.10.2024

The port and oil installations of Marsa el-Brega in eastern Libya on 24 September 2020. © AFP

Foreign vessels make beeline for eastern Libya despite oil blockages

Despite the collapse of Libyan oil production and the country's banking crisis, oil tankers are heading to Benghazi and other ports in eastern Libya, which are also hosting a range of other vessels.

Subscribers only Energy 19.09.2024

Washington wants to stay at Libyan Central Bank's side

The US recently offered technical assistance to promote transparency at the Libyan Central Bank (LCB) under the institution's new management.

Subscribers only Finance, Diplomacy 06.11.2024

Ankara benefits twofold from warming east-west relations

The rapprochement between Tripoli interior minister Imad Trabelsi and the Haftar clan is helping Ankara to strengthen its military presence in western Libya as well as opening up opportunities in the eastern region of Cyrenaica.

Free access Defence, Diplomacy 31.10.2024

Abdelhamid Dabaiba looks east for foreign minister

Abdelhamid Dabaiba intends to replace Foreign Minister Najla el-Mangoush, who was sidelined in 2023. The person who will take on this strategic post must reinforce local alliances and provide regional stability.

Subscribers only Politics 21.10.2024

Rome discreetly rejigs Fezzan migrant project

All mention of migrants has been removed from the project's name, now known as "Enhancing Farmer Entrepreneurship in the Municipalities of Sebha, Murzuq, Ubari and Ghat".

Subscribers only Diplomacy 17.10.2024

French court rules in favour of Libya in Siba Plast case

The Paris appeals court has overturned an exequatur order issued in 2017 by another French court in favour of the Tunisian company.

Subscribers only Business 10.10.2024

Battle for seats on CBL's new, more powerful board

The new agreement over the Central Bank of Libya provides its board of directors with more decision-making power. The various political camps are thus vying to get their people included.

Subscribers only Politics 07.10.2024

Central bank makes progress in management crisis

Libya's various political players are expected to appoint a new interim governor to head the institution on 26 September. For UN representative Stephanie Koury, this represents a breakthrough in the highly complex negotiations.

Subscribers only Finance, Diplomacy 26.09.2024

Construction giant Strabag goes on offensive in Malta to recover €130m

Austrian construction giant Strabag is pushing to have upheld an ICSID ruling condemning the Libyan state for damages over contracts cancelled after the 2011 revolution.

Subscribers only Business 24.09.2024

Libyan national oil company boss takes distance amid political crisis

The head of the National Oil Corp, Farhat Omar Bengdara, is now in the US, having been absent from the domestic scene since the ousting of the central bank's governor. That event has led to the suspension of oil production at some fields.

Subscribers only Finance, Energy 13.09.2024

Farhat Omar Bengdara (centre), chair of the NOC, in Tripoli, Libya, 14 July 2022.

Union for the Mediterranean frozen in run-up to election of secretary general

The cards have been reshuffled in the race to become UfM's secretary general after the front-runner, Jordanian national Yousef Bataineh, was appointed ambassador to the EU in August.

Subscribers only Diplomacy 10.09.2024

UN Libya envoy looks to High State Council to resolve central bank crisis

The head of the UN support mission in Libya, Stephanie Koury, is trying to agree a new central bank governor but must obtain the agreement of the High State Council's president, itself a deadlocked position following a disputed 6 August election.

Subscribers only Finance, Politics 09.09.2024

Dabaiba gets interior minister to oust Tripoli's militias

In the face of renewed political instability, the Libyan prime minister is further empowering Imad Trabelsi, who has been tasked with replacing the armed groups in Tripoli with forces under his control.

Free access Defence, Politics 05.09.2024

Libyan Interior Minister Imad Trabelsi on 2 July 2024 in Tripoli.

Ousted central bank governor flees with the keys

Having been fired by President Mohamed Al Menfi, Sadiq Al Kabir took the banking system's access codes with him when he left. His successor is already being challenged from all sides.

Subscribers only Finance 02.09.2024

CBL Governor Al Seddik Omar al-Kabir (left) and Turkish President Recep Tayyip Erdogan, Istanbul, Turkey, 27 April 2024.

Tripoli looks to officialise interception of migrants in Tunisian waters

The Libyan coastguard is waiting for official Tunisian confirmation that it can conduct search and rescue operations in the waters of its western neighbour. Meanwhile, it is about to take possession of a new command centre financed by the EU.

Free access Diplomacy 25.07.2024

A Libyan coastguard patrols the area at sea between Sabratha and Zawiyah on 28 July 2017.

PM Dabaiba to hold immigration forum

In the process, the Libyan prime minister is hoping to forge new international alliances.

Subscribers only Diplomacy 12.07.2024

Libyan embassy in Paris in state of flux

It has been in a state of limbo since the dismissal of ambassador Khaled Kagigi in April.

Subscribers only Diplomacy 10.07.2024

Lobbyist Mercury alerts Washington to National Oil Corporation's predicament

The US firm has warned of the constant political pressure undermining Libya's national oil company. Meanwhile, a Russian operator is planning to set up a refinery in the east of the country.

Subscribers only Diplomacy 05.07.2024

Libyan interior minister key to reopening Tunisia border crossing at Ras Jedir

Emad Trabelsi and his Tunisian counterpart Khaled Nouri visited the Ras Jedir coastal border crossing on 1 July, in a further bid to push for the reopening of the strategic crossing point between their two countries.

Subscribers only Politics 02.07.2024

Rabat offers to broker Libyan talks after Arab League failure in Cairo

Morocco is hoping to bring key Libyan players back to the negotiating table in mid-July.

Subscribers only Diplomacy 27.06.2024

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Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Libya

NOC in legal tussle with trader Litasco

NOC makes new offer to Trasta Energy for Ras Lanuf refinery

Belkacem Haftar organises Libya-France forum to promote his projects

Inner circles
Business magnate Mohamed Taher Issa tempted by political role

Spotlight
How the mysterious Arkenu Oil took over AGOCO's production

Foreign vessels make beeline for eastern Libya despite oil blockages

Washington wants to stay at Libyan Central Bank's side

Ankara benefits twofold from warming east-west relations

Abdelhamid Dabaiba looks east for foreign minister

Rome discreetly rejigs Fezzan migrant project

French court rules in favour of Libya in Siba Plast case

Battle for seats on CBL's new, more powerful board

Central bank makes progress in management crisis

Construction giant Strabag goes on offensive in Malta to recover €130m

Libyan national oil company boss takes distance amid political crisis

Union for the Mediterranean frozen in run-up to election of secretary general

UN Libya envoy looks to High State Council to resolve central bank crisis

Dabaiba gets interior minister to oust Tripoli's militias

Ousted central bank governor flees with the keys

Tripoli looks to officialise interception of migrants in Tunisian waters

PM Dabaiba to hold immigration forum

Libyan embassy in Paris in state of flux

Lobbyist Mercury alerts Washington to National Oil Corporation's predicament

Libyan interior minister key to reopening Tunisia border crossing at Ras Jedir

Rabat offers to broker Libyan talks after Arab League failure in Cairo

Create a notification

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Senegal Guns and oil drive Russia's Dakar courtship

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

West African cocoa cartel battles with the traders

Africa in the Russia-Ukraine war

East Africa's hotly contested coffee sector

Libya

NOC in legal tussle with trader Litasco

NOC makes new offer to Trasta Energy for Ras Lanuf refinery

Belkacem Haftar organises Libya-France forum to promote his projects

Inner circles Business magnate Mohamed Taher Issa tempted by political role

Spotlight How the mysterious Arkenu Oil took over AGOCO's production

Foreign vessels make beeline for eastern Libya despite oil blockages

Washington wants to stay at Libyan Central Bank's side

Ankara benefits twofold from warming east-west relations

Abdelhamid Dabaiba looks east for foreign minister

Rome discreetly rejigs Fezzan migrant project

French court rules in favour of Libya in Siba Plast case

Battle for seats on CBL's new, more powerful board

Central bank makes progress in management crisis

Construction giant Strabag goes on offensive in Malta to recover €130m

Libyan national oil company boss takes distance amid political crisis

Union for the Mediterranean frozen in run-up to election of secretary general

UN Libya envoy looks to High State Council to resolve central bank crisis

Dabaiba gets interior minister to oust Tripoli's militias

Ousted central bank governor flees with the keys

Tripoli looks to officialise interception of migrants in Tunisian waters

PM Dabaiba to hold immigration forum

Libyan embassy in Paris in state of flux

Lobbyist Mercury alerts Washington to National Oil Corporation's predicament

Libyan interior minister key to reopening Tunisia border crossing at Ras Jedir

Rabat offers to broker Libyan talks after Arab League failure in Cairo

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Inner circles
Business magnate Mohamed Taher Issa tempted by political role

Spotlight
How the mysterious Arkenu Oil took over AGOCO's production