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Author: LS

The National Oil Corporation is discussing with the Chinese company BGP its return to resume its activities in Libya

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A member of the Board of Directors discussed the exploration and reserve development, planning and studies of the National Oil Corporation, Khalifa Abdul Sadiq, today, Monday, during a meeting with the director of the Chinese “BGP” company branch in Libya, “Yang Yanjun,” told the company’s return to resume its activities in Libya, as it expressed its desire to return at the earliest opportunity.

Abdul Sadiq confirmed that the BGP company had taken measures to reopen its office in Libya and start working in it, in the presence of a member of the Board of Directors for Production, Health, Safety, Environment and Technical Information, Ahmed Ammar, the directors of the technical departments of the institution, and the chairman and member of the management committee of Nagico Company.

The Council of Ministers announces the lifting of force majeure on exploration operations for oil production

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The Council of Ministers of the National Unity Government headed by Abdul Hamid Dbeibeh announced today, Monday, the lifting of force majeure on exploration operations for oil and gas production, calling on the international oil companies that concluded contracts with the National Oil Corporation to resume their work in Libya.

Dbeibeh affirmed the government’s readiness to provide it with the necessary support and provide it with a safe work environment.

Ministry of Finance: “The total value of the salary section is 41.9 billion dinars for the year 2022”

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The Ministry of Finance of the Government of National Unity revealed in its monthly report today, Monday, that the total value of the salary section of financial transfers this year until the end of November amounted to 41.9 billion dinars, as the value of transfers to the House of Representatives and its affiliated bodies amounted to 779 million and 662 thousand dinars, in addition to the value of the Council. The highest for the state was 15 million and 160 thousand dinars.

The ministry stated during its statement that the value of transfers to the Presidential Council and its affiliated bodies amounted to 581 million and 676 thousand dinars, while the value of the Council of Ministers and its affiliated bodies amounted to 983 million and 33 thousand dinars, as the value of financial transfers to the Ministry of Interior amounted to 5 billion and 317 million dinars.

Ministry of Finance: “Total government spending this year amounted to 88.9 billion dinars”

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The Ministry of Finance of the Government of National Unity revealed in its monthly report today, Monday, that the total public expenditure of the government this year until the end of November exceeded 88 billion and 887 million dinars, while the value of revenues amounted to about 93.7 billion dinars, with a surplus of 4.8 billion dinars.

The ministry added that the total state revenues exceeded 93 billion and 728 million dinars, explaining that more than 96% of these revenues came from oil resources, while other sovereign revenues amounted to only 2.5 billion dinars.

As for spending, the ministry stated that the government spent about 88.9 billion dinars until the end of November, of which 41.9 billion was allocated for salaries, 19 billion for subsidies, 19.2 billion for the National Oil Corporation, 8 billion dinars for operating expenses, and about 650 million dinars only for development.

The Audit Bureau proceeds with the implementation of the first bid using the electronic bidding system

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Today, Sunday, the Central Tenders Committee of the Audit Bureau, headed by the Undersecretary of the Bureau, Aladin Al-Msallati, in his capacity as the committee’s chairman, held its seventeenth meeting regarding opening the envelopes for the bid for the supply of computers, where the committee invited representatives of companies that submitted their offers to the Bureau to attend the announcement of prices for all offers through the application zoom.

The bidding committee added the referral of the technical offers to the specialized committee formed to express the technical opinion and the process of differentiation and awarding was conducted, stressing that this shift in managing the bids of the Bureau is within the framework of adherence to the principle of transparency and equal opportunities and enhancing trust between the Bureau and suppliers, whether they are local or international companies.

This is also the first meeting after launching the electronic services platform weeks ago, in the presence of the Director of the General Department of Contract Control as an observer, and the Director of the Information Technology Office to provide logistical support for the session.

Al-Kabeer discusses with Ben Gdara the extraordinary budget of the National Oil Corporation

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The Governor of the Central Bank of Libya, Seddiq Al-Kabeer, met today, Sunday, in his office in Tripoli, with the Chairman of the Board of Directors of the National Oil Corporation, Farhat Ben Gdara, to discuss the implementation of the extraordinary budget allocated to the Corporation by the Council of Ministers and the efforts made.

The Council of Ministers of the Government of National Unity approved the extraordinary budget decision of the National Oil Corporation for the year 2022 at a value of 37 billion, in order to support the NOC to maintain and raise production rates.

Mohamed Al-Dharrat apologizes for his mistake by stating the agreement to grant Libyan citizens entry visas to the United States

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The envoy of the Government of National Unity to the United States, Mohamed Al-Dharrat, apologized today, Sunday, through his Twitter account, that he had made a mistake in reporting the agreement to grant Libyan citizens entry visas to the United States.

This came after the US embassy denied what the government envoy mentioned about granting visas to Libyan citizens without fees, stressing that there are no changes currently regarding US visas for Libyan citizens.

Al-Manfi discusses with the French ambassador local and international efforts to reach elections

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Today, Sunday, the President of the Presidential Council, Mohamed Al-Manfi, discussed during a meeting with the Ambassador of the Republic of France to Libya, Mustafa Al-Mahraj, the latest developments in the political situation in Libya, and the local and international endeavors that France contributes to reach political stability that leads to parliamentary and presidential elections that meet the desire of the Libyan people to choose who represents him and implements his demands.

For his part, the “French ambassador” affirmed France’s continued efforts to achieve stability, pointing out that it will play a positive role in stabilizing Libya, reaching a political agreement that paves the way for holding elections according to a constitutional basis, the results of which are approved by all political parties.

Aoun discusses the OPEC budget proposal for the year 2023

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Today, Saturday, Minister of Oil and Gas, Mohamed Aoun, discussed, during the 185th meeting of the Ministerial Council of the Organization of Petroleum Exporting Countries (OPEC), via Zoom technology, the budget proposal for the coming year 2023, updating OPEC’s long-term strategic plan, assigning the president and the alternative president of the Ministerial Council according to the OPEC Charter, as well as the alternative president of the Board of Governors.

Aoun clarified during his speech at the meeting that the governor of Libya at OPEC,the Engineer Mustafa Ben Issa, will be the alternative chairman of the Board of Governors according to the OPEC Charter.

The meeting discussed many reports and topics according to the agenda, and it was also agreed to set the date for the next meeting, which includes OPEC and non-OPEC ministers.

Al-Shawish: “Jumhouria Bank seeks to develop its system in order to facilitate banking operations for customers from all cities of Libya”

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The Director of the Marketing Department at Jumhouria Bank, Fawzi Al-Shawish, said in a special statement to our source today, Saturday, during the banking forum for business technology at the Corinthia Hotel in the capital, Tripoli, that Jumhouria Bank seeks to develop its system with additional electronic services in order to facilitate banking operations for customers from all cities of Libya.

Al-Shawish explained that the customer can purchase his goods over the phone, which is considered an advanced technology like what we see in developed countries, in addition to the need to move from the traditional bank to the electronic bank of the Central Bank of Libya and other commercial banks to provide timely services to all bank customers.

Al-Shawish added that it is necessary for the bank to provide electronic services to customers without seeking after them and coming to the bank, as the customer’s arrival to the bank occurs in the event of not completing his data or incomplete documents. In case that the customer’s account has complete procedures, he can obtain everything through the phone.