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Author: LS

Libya’s oil revenues: over 20 billion USD

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The National Oil Corporation (NOC) reported that its 2019 oil revenues were 1.8 US $ bn, with a decrease around 410 US million dollars (19%) in October 2019, and a drop of 613 US million dollars (25%) compared with November 2018.

In 2019, total profits were 22.495 billion USD.

NOC Chairman Mustafa Sanalla claimed that : “Overall, despite adverse conditions, NOC is on track to hit its production increase and revenue generation targets”, with oil and gas condensate production volumes consistent at 1.23 million barrel per day in November, compared to 1.22 million barrel per day in October.

The NOC announced that it ‘‘embraces transparency as one of Corporation’s key values”, pointing out that it pays all revenues from sales of oil and gas products to Libya’s Central Bank , and receives its operating as well as its capital budgets from the Ministries of Finance and Planning.

Libya: An agreement to resettle detained people

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Norway agreed to move about 500 evacuated individuals to Rwanda from Libyan detention centres, Rwanda’s foreign minister claimed on Wednesday.

In September, Rwanda signed an agreement with the United Nations in order to help resettling detained people in Libya while they were trying to reach Europe.

Before signing the agreement, the United Nations estimated that around 4,700 people seeking refuge were estimated to be in Libyan detention centres, some of them run by militias and under siege amid civil war.

Since 2011, smugglers have exploited the turmoil in Libya to send hundreds of thousands migrants on dangerous journeys across the central Mediterranean. Though the number of crossings dropped sharply from 2017 during an EU-backed push to block departures.

Husni Bey: The dollar declines

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The businessman Husni Bey expected the decrease of the dollar to less than 4 LYD within a week, after achieving a remarkable jump in the last few days, reaching 4.35 LYD to 1 dollar, and 4.60 LYD in ratified instruments.

In a statement issued on his official Facebook page today, Husni Bey claimed that the central bank’s dollar exchange system will contribute to the decline of the dollar in the coming days.

Rival Libyan forces clash west of Sirte

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East Libya-based forces said they carried out air strikes today on a coastal road west of Sirte, a day after nine of their men were killed in a strike by rivals.

The Libyan National Army (LNA) took control of Sirte, a strategically important city in the centre of Libya’s Mediterranean coastline, in a rapid advance on Monday as they are seeking to consolidate gains.

Since April, the LNA has also been waging a campaign to control Tripoli, about 370km (230 miles) northwest of Sirte, where both forces are battling.

Taher Al-Sunni: the Libyan permanent representative to the UN

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Libya’s new permanent representative to the United Nations, Taher Al-Sunni, presented his credentials to Secretary-General, António Guterres, on Monday, at the UN’s headquartered in New York.

Until his latest appointment, Mr. El-Sonni was the Senior Political Adviser to the head of the Presidential Council of Libya’s GNA beginning in 2016.

During his meeting with Guterres, Al-Sunni indicated the importance of the cooperation between Libya and the United Nations, and claimed that ” What is needed is an international consensus to stop Haftar’s aggression”.

Ghassan Salame: “Keep your hands off Libya”

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Head of the United Nations Support Mission in Libya (UNSMIL)  Ghassan Salame claimed that the situation in the country is difficult. Adding that countires interfering in Libya should “Keep their hands off Libya”.

He emphasized that “the country is suffering too much from foreign interference at all levels; how arms are sold and given to Libyans, also about foreign military action in Libya. All these kinds of direct intervention are making things extremely difficult”

Nevertheless, he stated that “there is enough weapons in Libya”, and that they don’t need extra weapons.

Salame asked these countries to stay away from Libya, and affirmed that he is really angry to see that “everybody wants to talk about Libya and very few people want to talk about the Libyans”.

Iran Fired missiles at U.S bases in Iraq

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Iran launched missiles at U.S led forces in Iraq today, retaliating for the U.S drone strike on an Iranian commander whose killing, last week, stoked fears of a new Middle East war.

Addressing Iranians who chanted “Death to America”, Iran’s Supreme Leader Ali Khamenei claimed that the missile attack was a “slap on the face” of the United States and that U.S troops should leave the region.

Iranian state television affirmed that Iran fired 15 missiles at U.S targets.