The Ministry of Finance of the Government of National Accord (GNA), announced today that permission had been received from the Central Bank of Libya (CBL) to disburse salaries of government employees in the country, for the month of June 2020.

NOC has denied that a new revenue distribution mechanism is under discussion at the current negotiations. “We categorically deny all the rumors about opening new accounts and distributing those revenues to three regions and percentages for that distribution,” NOC Chairman Mustafa Sanalla said. The demands on …

A Turkish business delegation is set to visit Libya within the next two weeks to assess how Turkish companies and banks can help rebuild the war-torn country and secure its energy needs, two people familiar with the plan told Reuters Wednesday. Ankara has made increasingly clear its ambitions for lasting coope…

 Libya’s National Oil Corporation (NOC) said on Wednesday that force majeure continued on oil exports pending any reopening of the ports by the Petroleum Facilities Guard after a six-month blockade by eastern forces in the civil war. However it said in a statement that it has instructed operating companies …