Oil revenues Archives

News

Al-Kabeer and Bengdara Agree on the Continuous and Regular Transfer of Oil Revenues to the Central Bank of Libya

Amira Cherni28 January، 202429 January، 2024

28 January، 202429 January، 2024

The Governor of the Central Bank of Libya, Seddiq Al-Kabeer, and the Chairman of the Board of the National Oil Corporation, Farhat Bengdara, have agreed...

News

Africa Intelligence: Al-Kabeer Engages in a Secret War Against Dbeibeh for Control of Oil Revenues

Amira Cherni30 November، 202330 November، 2023

30 November، 202330 November، 2023

The Africa Intelligence website reported today, Thursday, that the Governor of the Central Bank of Libya, Seddiq Al-Kabeer, is engaging in a secret war against...

News

US Ambassador Norland: “How oil revenues are distributed is one of the conflict’s causes in Libya. We support the development of a transparent mechanism for disposing of the revenues”

Amira Cherni3 July، 20233 July، 2023

3 July، 20233 July، 2023

The US ambassador to Libya, Richard Norland, said that how the Libyan oil revenues are distributed is one of the causes of the conflict in...

News

Norland: “The mechanism being discussed for managing oil revenues focuses on spending priorities for salaries, support and necessary imports of food and medicine”

Amira Cherni13 May، 202213 May، 2022

13 May، 202213 May، 2022

The US Ambassador to Libya, Richard Norland, revealed that the mechanism being discussed between the Economic Working Group and the Libyan parties to manage oil...

News

US Ambassador Norland: “We were surprised that Sanalla transferred part of the oil revenues after he was subjected to great pressure”

Amira Cherni13 May، 202213 May، 2022

13 May، 202213 May، 2022

The US Ambassador to Libya, Richard Norland, said that he was surprised that Mustafa Sanalla, Chairman of the Directors Board of the National Oil Corporation,...

News

Aqila Saleh assures the US ambassador that the oil fields will be opened after installing the mechanism for distributing oil revenues equitably to all regions

Amira Cherni9 May، 20229 May، 2022

9 May، 20229 May، 2022

The Speaker of the House of Representatives, Aqila Saleh, affirmed during his meeting today, Sunday, in Cairo, with the US Ambassador to Libya, Richard Norland,...

News

Bashagha asks the head of the National Oil Corporation to establish a mechanism to preserve oil revenues to end the oil fields closure crisis

Amira Cherni27 April، 202228 April، 2022

27 April، 202228 April، 2022

The Libyan Prime Minister, Fathi Bashagha, asked the head of the National Oil Corporation, Mustafa Sanalla, to set up a mechanism to preserve oil revenues...

News

Al-Darija: “Freezing oil revenues is better than closing oil, which will not be accepted internationally, nor will the continuation of transferring oil money to the government”

Amira Cherni19 April، 202219 April، 2022

19 April، 202219 April، 2022

The Economist Mohsen Al-Darija said that freezing oil revenues in the account of the National Oil Corporation is better than closing oil and better than...

News

The Ministry of Finance announces the transfer of 6 billion dollars of oil revenues to its account in the Central Bank by the National Oil Corporation

Amira Cherni14 April، 202215 April، 2022

14 April، 202215 April، 2022

Today, Thursday, the Ministry of Finance of the Government of National Unity announced the transfer of 6 billion dollars to the ministry’s account in the...

News

Al-Shukri: « The Libyan Foreign Bank is facing an unprecedented situation by withholding the country’s oil revenues in the corporation’s accounts for its owner, the Central Bank »

Amira Cherni7 April، 20227 April، 2022

7 April، 20227 April، 2022

The economist and banking expert, Mohamed Al-Shukri, who was elected at the end of 2017 by the House of Representatives as governor of the Central...