Libya Oil Budget
4 articles from 1 country
Libya's National Oil Corporation (NOC) has secured an operating budget of approximately $2 billion amid efforts to boost oil production. The country is also approving housing loans and discussing economic ties with Japan and Germany.
Libya's NOC secures $2 billion operating budget amid push for increased oil production
- Libya's National Oil Corporation (NOC) has secured an operating budget of 13 billion Libyan dinars (approximately $2 billion) through a Unified Spending Arrangement, brokered by the U.S. - The NOC aims to reach a production target of two million barrels per day by early 2031, requiring $36 billion in total development funds. - The corporation is seeking $16 billion from foreign partners and has …
Libya Approves 6,000 Youth Housing Loans, Units Ready by Year-End
- Libya's Prime Minister's Youth Housing Initiative has approved measures to speed up implementation, including launching the first phase with 6,000 housing loans. - The initiative offers loans of 150…
Libya's business union hosts Japanese official to boost economic ties
- Libya's General Union of Chambers of Commerce hosted Japanese Parliamentary Vice-Minister for Foreign Affairs Onishi Yohei in Misrata. - The meeting aimed to strengthen bilateral relations, discuss …
PIB discusses with Germany’s Nickl & Partners Architects establishing an integrated smart medical city in Libya
- Libya's Privatisation and Investment Board (PIB) met with a delegation from Germany's Nickl & Partners Architects. - The discussion focused on a proposal to establish an integrated smart medical cit…