Skip to main content

Author: LS

Bashagha: “We strongly condemn wasting public money by Dbeibeh and harnessing the state’s wealth to spread chaos and strife to continue in power”

Written by LS on . Posted in News. No Comments on Bashagha: “We strongly condemn wasting public money by Dbeibeh and harnessing the state’s wealth to spread chaos and strife to continue in power”

The Libyan Prime Minister Fathi Bashagha strongly condemned what the Prime Minister of the National Unity Government, Abdul Hamid Dbeibeh, is doing in terms of wasting public money and harnessing the wealth of the Libyan state for the benefit of his illegitimate government, which seeks to spread chaos and strife to continue in power, according to him.

Bashagha added that his government will confront this deviation by political means firmly and seriously, stressing his strict approach to not use force while holding the expired government, in reference to the national unity government headed by Dbeibeh, responsible for the escalation and incitement to violence.

The National Oil Corporation announces force majeure at El Feel oil field

Written by LS on . Posted in News. No Comments on The National Oil Corporation announces force majeure at El Feel oil field

The National Oil Corporation announced in a statement today, Sunday, a state of force majeure at El Feel oil field due to the halt in production from the field located in the Murzuq Basin in the southwest of the country.

The National Oil Corporation explained that El Feel oil field was subjected to arbitrary closure attempts on Saturday evening, due to the entry of a group of individuals and preventing users from continuing production, which resulted in a complete halt of production and made the Corporation’s implementation of its contractual obligations impossible. It was forced to declare a state of force majeure on Mellitah crude until further notice.

In its statement, the corporation called for the language of reason and wisdom to prevail and to distance the oil sector from conflicts in order to preserve what was left of the already dilapidated and worn out infrastructure due to the consequences of arbitrary closures and scarce budgets over the past years.

Oussama Hammad calls on the Attorney General and the supervisory bodies to stop transferring billions of dollars from oil revenues to the account of the Ministry of Finance in the government of Dbeibeh

Written by LS on . Posted in News. No Comments on Oussama Hammad calls on the Attorney General and the supervisory bodies to stop transferring billions of dollars from oil revenues to the account of the Ministry of Finance in the government of Dbeibeh

The Minister of Planning and Finance of the Libyan government, Oussama Hammad, demanded in a statement today, Saturday, the Attorney General and the heads of the supervisory bodies, the Administrative Control Authority, the Audit Bureau and the Anti-Corruption Authority, to stop transferring billions of dollars of oil revenues to the account of the Ministry of Finance in the Government of National Unity.

Oussama Hammad said that the National Oil Corporation’s transfer of 6 billion dollars in oil revenues to the account of the Ministry of Finance of the National Unity Government with the Central Bank of Libya is against the law and all instructions issued by the competent authorities, expressing his surprise at the lack of instructions issued by the Speaker of the House of Representatives, Aqila Saleh, to the Chairman of the Directors Board of the National Oil Corporation, Mustafa Sanalla, regarding the necessity of keeping the revenues generated from the sale of oil in the institution’s sovereign accounts with the Libyan Foreign Bank and not referring them to the general revenue account until the adoption of the budget law.

The Minister of Planning and Finance of the Libyan government headed by Fathi Bashagha, held the full responsibility to the National Oil Corporation and the Central Bank for their taking these measures that violate the law and the distortions that will result in a disorder in the national economy and unjustly spending, and it would have been better for these institutions to distance themselves from using their position in political conflicts or for the gain of a political party.

Hammad stressed the need to establish the principle of accountability for everyone who committed a crime that would harm public money, and the need to confront these acts, punish their perpetrators, and take all necessary legal measures to preserve the wealth of Libyans and to ensure the continuation of state building, achieving stability, and embarking on the construction and reconstruction phase.

Brega company begins construction of an integrated oil depot in Tripoli with a storage capacity of 600 million liters of fuel

Written by LS on . Posted in News. No Comments on Brega company begins construction of an integrated oil depot in Tripoli with a storage capacity of 600 million liters of fuel

Brega Petroleum Marketing Company announced on Thursday that it will start constructing an integrated oil depot in the capital, Tripoli, with a reserve storage capacity of 600 million liters of fuel.

The Company explained in a statement Thursday evening that the Council of Ministers of the National Unity Government issued a decision to allocate a plot of land in the municipality of Janzur adjacent to a power station west of Tripoli for the establishment of the project, adding that the head of the management committee of the Brega company, Ibrahim Abu Breda, discussed Thursday with representatives from the municipality of Janzur and a number of officials at the company’s departments, making preliminary arrangements for the implementation of the project.

Through this project, the company aims to establish a marine receiving point for all petroleum products and to set up tanks for storing diesel fuel, gasoline, heavy fuel oil, kerosene and aviation fuel, in addition to storage tanks for cooking gas and installing a rotary gas production capacity of 30 thousand cylinders per day.

The Brega company indicated that this project will cover the needs and requirements of the Tripoli region, whose needs represent about 48% of the total requirements of the western and southern regions, and about 34% of the country’s total daily fuel needs.

Al-Zayyat to our source: “We deny the appearance of any laboratory results so far for the samples of “Kinder” chocolate”

Written by LS on . Posted in News. No Comments on Al-Zayyat to our source: “We deny the appearance of any laboratory results so far for the samples of “Kinder” chocolate”

The Director of the Information Office at the Food and Drug Control Center, Mohammed Al-Zayyat, denied sharing the circulating news about the emergence of any laboratory results so far for the samples of “Kinder” chocolate, indicating that the center’s inspectors pulled samples of the brand’s products and referred them to the center’s laboratories for laboratory analysis and verification that it is free from bacterial infection.

Al-Zayyat explained that the Food and Drug Control Center did not declare and did not show any results regarding the samples withdrawn from the Libyan market from the “Kinder” chocolate product, stressing that the measures taken are to search for contaminated injuries from the product, which are mainly limited to certain batches issued from its country of origin, the company’s factory in Belgium.

He added that the center communicated with the corresponding authorities internally and externally and issued instructions to survey the Libyan market by withdrawing samples of the product and referring them to the center’s laboratories to conduct laboratory analysis on them to ensure that they are free of bacterial infection and operations and the country of origin mentioned on it. He also raised the supervisory ceiling at the ports to ensure that the supplied products are free of operations and the established factory.

Al-Huwaij: “I didn’t and won’t submit my resignation at this difficult stage, and this is the reason for my meeting with Bashagha.”

Written by LS on . Posted in News. No Comments on Al-Huwaij: “I didn’t and won’t submit my resignation at this difficult stage, and this is the reason for my meeting with Bashagha.”

The Minister of Economy and Trade in the Government of National Unity, Mohamed Al-Huwaij, denied submitting his resignation, stressing that he will not resign at this difficult stage and will not leave the government except in accordance with legal procedures recognized by Libyan laws.

Regarding his meeting with the Libyan Prime Minister, Fathi Bashagha, on Thursday in the Tunisian capital, Al-Huwaij said in media statements that the meeting was not planned, adding that all Libyan political, social and security leaders meet for consultation and exchange of views in the interest of the country and its stability, and that “we are all Libyans.” 

He added, “There is no consultation with Bashagha regarding the government because that is not one of my specialties or interests. I am only interested in building the national economy with everyone and for everyone, and I am on an official special leave outside of work now. I am also the Minister of Economy and Trade in the Government of National Unity and I respect my colleagues and I respect the Prime Minister.”

At the conclusion of his speech, the Minister of Economy and Trade in the Government of National Unity, Mohamed Al-Huwaij called on all forces to unite and work together, stressing that he will return to work as soon as his official leave ends.

Tunisian Walid Arem seizes Libyan state-owned hotels in Africa

Written by LS on . Posted in News. No Comments on Tunisian Walid Arem seizes Libyan state-owned hotels in Africa

The Tunisian Walid Arem has taken over the famous “Ledger Plaza” hotel in the capital of the Central African Republic, Bangui, owned by the Libyan state, in addition to managing two other hotels in the Malian capital Bamako and a seaside resort in Tunisia, owned by the Libyan Arab African Investment Company “Laico”.

Walid Arem, who was famous in his native Tunisia as the vice-president of the Tunisian Esperance Sports Club, one of the largest football clubs in the country, was playing a very different kind of games in Bangui, the capital of the Central African Republic. Arem, co-manager of the family holding Arem Group, which owns four hotels in Djerba and Hammamet in Tunisia, in early March on the “Ledger Plaza”, the most luxurious establishment in Bangui, owned by the Libyan Arab African Investment Company “Laico”.

Ledger Plaza is the fourth establishment owned by “Laico” company that passed into Arem’s hands, which had previously seized two of the three units it owned in Bamako in late 2020 under the same conditions, namely the “L’Amitié” Hotel, which is one of the main five-star hotels in the Malian capital, “Al-Farouq” Hotel, a five-star hotel located on the banks of the Niger River, was renamed Meridiana.

These hotels are now managed by the “Granada Hotels”, an entity controlled by Arem and his cousin, Mohamed Chabchoub. In the middle of 2021, the Arem-Chabchoub tandem took over the 300-room Laico Hotel, which is now named “Blue Marine Hotel & Thalasso” in the Tunisian seaside resort of Yasmine Hammamet.

He added that Libyan officials tried to regain control by replacing Ziyed Khalifa, the managing director of “Laico RCA” of the Central African Republic, who was appointed in 2014, at a time when two rival governments were fighting for power in Libya, and the appointment of “Khaled Al-Mufatrich” who was already Chairman of the Board of Directors of the “Ledger Plaza Maya Maya” in Brazzaville. Ziyed Khalifa, who has good relations with the Central African government, did not leave quietly and succeeded on several occasions in preventing the arrival of Libyan diplomats and representatives of “Laiko” to Bangui.

The re-launch of “Ledger Plaza” will not be an easy task for Arem, who intends to manage it directly in light of the explosive political situation in Central Africa, and he must also find a way to reach the hotel to the main global hotel reservation platforms, such as Booking.com, which in recent years has not provided Laico hotels for fear of violating international sanctions on many Libyan assets abroad since the fall of the Gaddafi regime in 2011.

Adapted from Africa Intelligence

The Ministry of Finance confirms the transfer of the children’s grant for the 7th, 8th and 9th months to the Central Bank of Libya to complete its disbursement

Written by LS on . Posted in News. No Comments on The Ministry of Finance confirms the transfer of the children’s grant for the 7th, 8th and 9th months to the Central Bank of Libya to complete its disbursement

The head of the media team at the Ministry of Finance, Omar Bseisa, confirmed today, Thursday, the implementation of the exchange permissions for the children’s allowance for the third quarter of the current year 2022 for the 7th, 8th and 9th months and referred to the Central Bank of Libya today to complete the rest of the procedures followed.

While the Ministry of Finance, earlier this month, referred the children’s allowance for the 4th, 5th and 6th months to the Central Bank of Libya, in implementation of the instructions of the Prime Minister of the Government of National Unity Abdul Hamid Dbeibeh to spend an additional 6 months for this year from the children’s allowance.

Dbeibeh announces the launch of the national plan to develop the oil and gas sector

Written by LS on . Posted in News. No Comments on Dbeibeh announces the launch of the national plan to develop the oil and gas sector

The Prime Minister of the National Unity Government , Abdul Hamid Dbeibeh, launched on Wednesday evening the national plan to develop the oil and gas sector, which aims to raise production rates in oil and gas.

Dbeibeh explained that the Council of Ministers of the National Unity Government issued Resolution N° 154 of 2022 regarding the formation of a committee to work on overcoming the obstacles facing the oil sector to achieve the target to initially increase production to reach one million and 400 thousand barrels per day during this year and to reach higher rates in the three coming years. 

He added that this decision came in the interest of the National Unity Government over oil, the almost only source of income for the state, and in the interest of its production rates, coinciding with the rise in its global prices, and contributing to covering the global deficit in oil production due to the crises the world is witnessing.

The Prime Minister of the National Unity Government indicated that the committee included all relevant state institutions from the Ministry of Finance, the Ministry of Planning, the Ministry of Civil Service, the Central Bank of Libya, the Audit Bureau, the National Oil Corporation and all its subsidiaries.

The committee’s recommendations were summarized by allocating a budget to the National Oil Corporation and its companies that would enable it to pay its accumulated obligations and launch production-increasing projects, in addition to addressing the financial conditions of workers in the sector and making settlements due to them.

Despite not being involved in the oil development plan, the Ministry of Oil supports the initiative and emphasizes improving the financial level of the sector’s employees

Written by LS on . Posted in News. No Comments on Despite not being involved in the oil development plan, the Ministry of Oil supports the initiative and emphasizes improving the financial level of the sector’s employees

Today, Thursday, the Ministry of Oil and Gas announced in a statement that it supports every initiative of the oil development plan that was approved by the Prime Minister at the celebration that was held on Wednesday evening, stressing that it supports all initiatives and plans that would increase production and stresses the need to fully comply with the legislation in force regulating the oil sector in this regard.

This came despite the lack of involvement of the Ministry of Oil and Gas in preparing the national plan for the development of the oil and gas sector, which, pointing out that it is at the core of the tasks entrusted to the ministry, is the development of policies and strategic plans related to the oil and gas industry and its integration with the general policies of the state and with sectors in the investment of oil wealth and its proper exploitation and development, securing the needs of the local market of petroleum and gas derivatives and increasing production capacity in accordance with local and global standards.

The ministry also emphasized, during its statement, the improvement of the material level of the sector’s employees, who are the main pillar of the oil and gas sector, noting that they work in the most difficult conditions and have not been rewarded with a fair reward for what they offer or offer.

The ministry added that it seeks to involve the private sector in order to diversify the domestic product, provide national food security and reach self-sufficiency through a number of approvals for local and foreign investors, to provide them with the required quantities of crude oil for investment projects or supply them with gas in accordance with the legislation in force in the country, and standards and controls determined by the Ministry of Oil and Gas in coordination with other ministries and sovereign bodies related to investment and the oil and gas industry.