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Tag Archives: National Oil Corporation

Libyan Economy Strengthens as Oil Production Resume

(Author: Libyan Gazette Editorial Staff) It has been five years since Libya’s oil industry was operating at full capacity and only recently were Libyans able to reopen the country’s major oil ports to resume oil production and exports. Before the 2011 uprising, Libya was producing around 1.6 million barrels per …

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Sarraj Calls for Libyan National Unity at UN

(Author: Libyan Gazette Editorial Staff) On Sunday, Prime Minister Fayez al-Sarraj called for a national reconciliation effort to resolve Libya’s divisions. In an interview with Reuters at the UN headquarters in New York, Sarraj stated that the battle to liberate Sirte from ISIS is in its final stages despite setbacks …

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Western Powers Call on Haftar to Withdraw from Oil Facilities

(Author: Libyan Gazette Editorial Staff) The US and five European countries are calling on General Khalifa Haftar to withdraw his forces from the oil terminals he seized earlier this week, according to a statement released by the six governments late Monday. The UN-backed Libyan unity Government (GNA) has called on …

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Libyan Investment Authority Board Challenged

(Author: Libyan Gazette Editorial Staff) Abdul-Magid Breish, who claims to be the chairman of the Libyan Investment Authority (LIA), said on Monday that he disapproves the appointment of a panel by the UN-backed Libyan unity government (GNA). Breish said that because he was not officially told to resign, he will …

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Are Western Powers Seeking Redemption from GNA for Supporting Haftar?

(Author: Libyan Gazette Editorial Staff) France released a joint statement on behalf of the French government, Britain, Germany, the United States, Italy and Spain on Wednesday expressing support to the UN-backed unity government (GNA). The western allies said they were concerned with the constant power struggle over Al-Zueitina oil port …

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