Via Business Center Tripoli Libya, a brief report that Ryanair may be exploring the possibility of serving Libya: The CEO of Irish Ryan Air, Michael O’Leary, the largest airline in Europe in terms of the number of passengers is talking with the authorities in Libya regarding operating flights to the country for the first time. […]
Read more »Via AfricaNews.com, a report on Libya’s controversial hydrocarbon deal with Turkey: Head of Libya’s Tripoli-based government, Abdelhamid Dbeibah, has defended a hydrocarbon exploration deal in Libyan waters signed with Turkey that has been criticized by his political rivals and regional countries. “The Turkish-Libyan memorandum is based on bilateral agreements concluded before 2011. (…) It is our […]
Read more »Via Al Monitor, an article on the energy deal signed between Turkey and the Libyan administration of? Abdul Hamid Dbeibah on Monday: Turkey reacted angrily Tuesday to criticisms over the hydrocarbons accord it signed with Libya’s Tripoli-based government, which allows Turkish and Libyan companies to carry out joint explorations in the eastern Mediterranean. The deal, whose […]
Read more »Courtesy of STRATFOR (subscription required), a report on how the recent firing of the NOC Chairman risks politicizing Libya’s oil company: In firing Libya’s National Oil Corporation (NOC) board of directors, Prime Minister Abdul Hamid Dbeibah is trying to end oil blockades and encourage his eastern-based rival Khalifa Hifter to enter negotiations on a possible political settlement. But […]
Read more »Courtesy of STRATFOR (subscription required), a report on Libya’s oil production: HIGHLIGHTS Any attempt by the National Oil Corporation to further restrict supplies of kerosene, diesel and jet fuel to eastern Libya risks upending the balance of Libya’s oil sector, which has maintained production of about 1 million barrels per day despite the outbreak of […]
Read more »Via Frontier Strategy Group, commentary on opportunities in Libya: All eyes are on Libya as some positive headlines have come out of the country over the past several months. ISIS was driven out of its stronghold in Sirte in December 2016; oil production more than doubled from 300,000 barrels per day (bpd) to around 700,000 […]
Read more »