الجمعة, 6 نوفمبر 2026
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Libya Review

Libya’s NOC Discusses Oil and Gas Cooperation With Turkish Petroleum

Libya’s National Oil Corporation (NOC) has discussed opportunities to strengthen cooperation with Turkish Petroleum, including expanding activities in the oil and gas sector. NOC Chairman Masoud Suleiman met Turkish Petroleum Executive Director Cem Erdem to discuss issues of mutual interest and prospects for developing the partnership between the two sides. In a statement, Suleiman said the meeting focused on opportunities to enhance cooperation across several fields and exp…

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Libya Review

Libya Reports $3.12 Billion in Oil Revenues in October

Libya’s National Oil Corporation (NOC) reported total crude oil production of 43.47 million barrels in October 2026, while natural gas production reached 77.8 million cubic feet, according to its monthly production and revenue statement. The NOC said Libya’s share of crude oil production amounted to 34.61 million barrels, compared with 7.48 million barrels allocated to partners. The volume available for export stood at 6.29 million barrels. Crude oil exports totalled 30.04 m…

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Libya Review

Libya’s Coastguard Implicated in Violence Against Migrants and Rescuers

Libya’s coastguard has been linked to more than 70% of 107 documented incidents of violence against migrants, refugees and European nationals at sea since 2016, according to an updated report by humanitarian organisation Sea-Watch. The report, published on Wednesday, 4 November, recorded 26 incidents in 2026, making it the most violent year since monitoring began, according to the organisation. At least 80 of the 107 incidents involved the Libyan coastguard, which receives s…

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Libya Herald

House of Representatives consultative meeting discusses Libya’s current economic crisis

A consultative meeting was held today at the headquarters of the House of Representatives (HoR), attended by Speaker Al-Salheen Abdel-Nabi, to discuss the current economic crisis in Libya. The meeting was initiated and coordinated by the National Planning Council and attended by the Governor of the Central Bank of Libya, Fawzi Abu-Khazam; the Deputy Governor, Marei Al-Barassi. During the meeting, the HoR Speaker delivered an address in which he emphasized that national exper…

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Libya Review

Egypt Reaffirms Rejection of Turkey-Libya Maritime Deal

Egypt has reiterated its rejection of the 2019 maritime memorandum of understanding between Turkey and Libya, saying it considers the agreement legally invalid and without effect on its maritime rights. Egyptian Foreign Ministry spokesman Nader Zaki told *Al-Ahram Online* that Cairo’s position had remained unchanged since 2019, arguing that the memorandum failed to comply with the rules governing exclusive economic zones and continental shelves and infringed on Egypt’s right…

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Libya Herald

Libyan Iron & Steel Company discusses with US firm Midrex Technologies development of direct reduction plants

The Libyan Iron and Steel Company (LISCO) and the American firm Midrex Technologies, Inc. are exploring the development of direct reduction plants and the expansion of their production capacity. This came during a meeting held in Cairo today. LISCO said this comes as part of its ongoing efforts to upgrade its facilities and enhance its production capabilities, Midrex Technologies, Inc. is a world-leading direct reduction iron (DRI) technology provider and engineering company…

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Libya Herald

Julyana Free Zone port receives 80 commercial vessels during October

Julyana Free Zone port reported today that it received 80 commercial vessels during October. The cargoes carried by these ships included containers, fuel, cement, grain, vehicles, and passengers, as well as shipments of iron, asphalt, and transit goods; additionally, some vessels stopped at the port solely for refuelling. Furthermore, the port recorded the arrival of 4 commercial vessels from China, handled by the "Bahhar Al-Alam" (World of Seas) agency, as part of internati…

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Libya Herald

National Mining Corporation calls for collaboration and investment after promising mineral indicators

The Al-Butnan branch (eastern Libya) of Libya’s National Mining Corporation has put out a call for collaboration and investment. It invites local and international companies—specializing in exploration, mining, mineral processing, and downstream manufacturing—to reach out and explore opportunities for collaboration. This includes conducting technical and exploratory studies, as well as developing investment projects based on the region’s mineral potential.

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Libya Herald

Governor of Central Bank of Libya, Abu Khazam, takes legal oath before House of Representatives

The new Governor of the Central Bank of Libya, Fawzi Abu Khazam, took the legal oath before the Speaker of the House of Representatives and several members of the House today. This action was taken in accordance with the House of Representatives' resolution dated 2 November 2, 2026, appointing him as Governor of the Central Bank of Libya, and serves to fulfil the legal requirements for him to assume his official duties. The CBL said this step comes at a critical juncture tha…

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