Re our information Today, Sunday, the National Oil Corporation announced that the general revenue from sales of crude oil and its derivatives in February for the year 2021 recorded a level of 1,235,710,353.98 US dollars, which were deposited into the account of the National Oil Corporation at the Libyan Foreign Bank in Tripoli
The head of the national unity government, Abdul Hamid Dabaiba, revealed that all conflicting political parties want the Ministry of Defense to be his share
He confirmed that the composition of the presented government does not include a name for the defense portfolio that Dabaiba will currently take over until a person is appointed, in consultation between the latter and the Presidency Council.
Because of this red line « Minister of defence » the House of Representatives suspended its session today, Tuesday, to give confidence to the government of national unity, until tomorrow morning, Wednesday……
Petroleum Marine Services company (PMS) announced that it has implemented 87 projects in 2020 estimated at $171 million at the highest quality and right on schedule, despite challenges caused by COVID19 pandemic, according to a press release.
This announcement was made during the company’s general assembly meeting headed by the Ministry of Petroleum and Mineral Resources, Tarek El Molla, to approve the operational results of 2020.
PMS Chairman, Ashraf Imam elaborated that PMS managed to sign 80 contracts at a cost of $225 million in 2020 and referred to the most significant implemented projects including wells and assets maintenance, marine pipelines reforms, and training provided to the employees to leverage their competencies.
Meanwhile, the petroleum minister praised the featured results of the company in light of its ownership for a giant marine fleet equipped with high-level technological capabilities.
The minister also emphasized the necessity to continue implementing all operations according to the required quality and to open new opportunities for new operations and partnerships with international oil companies (IOCs) in the Mediterranean.
In addition to PMS Chairman, the meeting was attended by the head of Egyptian General Petroleum Corporation (EGPC) and his deputies, the undersecretary of the Ministry of Petroleum for Economic Financial Affairs, and the heads of Enppi and Petrojet.
Oil prices closed on Friday at their highest levels in nearly two years,after producers agreed to increase supply from April by a smaller amount than expected.
A barrel of North Sea Brent Crude for delivery in may rose 3.9 percent in London to $69.36,it’s highest closing price since April 2019.
In new york , the barrel price of west Texas Intermediate for April delivery climbed 3.5 percent 3.5 to $66.09, it’s highest closing level in 22 months.
The head of the national unity government, Abdel Hamid Dabaiba, handed over the Presidency of the Council of Representatives to the cabinet, accompanied by the names. A session of granting confidence to the unity government will be held on March 8 in Sirte
The Minister of Foreign Affairs of the Government of National Accord, Muhammad Sayala, called to support the peaceful path and for stopping foreign interference in Libya.
This came in his speech before the delegations participating in the meeting of the (155) ordinary session of the Arab League Council meeting at the ministerial level, which is currently taking place in the Egyptian capital, Cairo, from March 1 to March 3.
WASHINGTON, D.C. U.S MENA & World Report and TOP Lawyers, for the 48th consecutive year, collaboratively announce the release of the “Best Lawyer” rankings.