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Economy

Dollar Falls after Haftar hands over oil ports to NOC

The exchange rate of the dollar fell on Wednesday against the Libyan dinar in the parallel market after the announcement by the National Oil Corporation (NOC) of receiving the oil ports and the lifting of the status of force majeure. The price of the dollar stood at 6,670 dinars, after …

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Food control rejects shipment of hay coming from Bulgaria

Director of the Food Control Center, Abdelmajid Boulmida said on Wednesday that the Center rejected a shipment of “wheat straw” coming from Bulgaria because of damage it sustained from seawater and moisture. Boulmida said in a statement to ArraedLG that the return of the shipment is not within the jurisdiction …

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PC forms committee to reduce state revenues spending

The head of the Presidential Council (PC), Faiz Al-Sarraj agreed with the Minister of Finance, Osama Hammad to form a crisis committee to collect state revenues, reduce expenditure and consumption. Al-Sarraj discussed with the Minister of Finance on Sunday the impact of the low revenues of the State; because of …

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Ras Lanuf announces storage tank out of danger

Ras Lanuf oil and gas processing corporation announced on Wednesday that Harouge oil company storage tank is out of danger. The company said on its official page, the weather and wind direction helped to keep the fire away from the tanks 1 and 3 adjacent to the burning tank. The …

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