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Belgium says Libyan assets are protected

The Treasury Department of the Belgian Ministry of Finance confirmed on Sunday that Libyan assets frozen in Belgium were untouched by any party and are being monitored by the Libyan Investment Authority. The Libyan Investment Authority chairman, Ali Mahmoud said he held a meeting with the Belgian Ministry of Finance, …

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PC sets up committee to discuss return of Chinese enterprises

The Presidential Council (PC) issued a decision to form a committee headed by the Minister of Planning to deal with the late and stumbling construction contracts signed with Chinese companies. In the decision issued on Tuesday, the PC outlined the committee’s 60-day working day to discuss with the relevant authorities …

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Libya denies signing Free Movement agreement in Africa

The Government of National Accord (GNA) foreign minister, Mohamed Al-Sayala denied on Wednesday Libya signing an agreement on free movement of citizens in the African continent. According to the Ministry of Foreign Affairs media office, Al-Sayala called on all media outlets to investigate the credibility of news stories and report …

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Italian energy giant ENI cuts production in Libya

CEO of Italian energy company Eni, Claudio Descalzi said Eni reducing oil production in Libya by 160,000 barrels per day is not a prelude to the company’s departure from the North African country. In a presentation of the company’s strategy for the next four years,  Descalzi said on Friday  Eni …

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Coast Guard: Seized fuel tanker arrives to Tripoli

The Libyan coastguard announced on Thursday, the arrival of the fuel tanker, which was seized on Wednesday 8 miles north of the coast of Abu kammash, to the Tripoli naval base. Libyan naval spokesperson Ayoub Qassem told ArraedLG, 8 people of Greek nationality were detained on board fuel tanker Lamar, …

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