Libyan British Business Council (Lbbc)

Fighting has broken out over the future of Libya’s largest oil field, as forces loyal to the UN-recognised Tripoli-based government battle Libyan National Army (LNA) forces led by Field Marshal Khalifa Haftar, the leading figure in fractured Libya’s east.
Al-Sharara field, 560 miles south of Tripoli, is capable of producing 315,000 barrels of crude a day – about a third of Libya’s total current output.

International investment firm, The Guidry Group, announced today that Libya’s government authorities in the East and West have come together and formally agreed to jointly support what will become one of North Africa’s most highly-automated and largest deep-sea ports near the city of Susah in Libya. Specifically, the United Nations-backed Government of National Accord (GNA) in the West in Tripoli and the House of Representatives Interim Government in the East in Tobruk, will cooperate on the billion-dollar ‘Port of Susah.’

Libya Continues Its Battle For Peace
Hope grows that a renewed diplomatic effort can deliver much needed unity in the oil exporting state

Libya’s Public Prosecutor issues arrest warrants of Belhaj and Jadran

https://lbbc.org.uk/5931-2/

"Deputy Head of Libya’s Presidency Council, Ahmed Maetig, said that the coming period will see real investments in Libya not dependent on the state budget.
He stressed that interest in the oil sector was one of the priorities of his internationally-recognised Government of National Accord to ensure the increase of production capacity by allocating more than 40% of the development budget in 2017-18.
Maetig added that investment in Libya’s oil sector is required to increase production in order to achieve sufficient revenue to support other development programmes."

THE LBBC – Building Business Bridges with Libya’s National Oil Corporation
The Libyan British Business Council hosted a major event in Tunis this week (22-23 October) – 'Building Bridges Together' – with business representatives from Libya and the UK.
This is part of an ongoing dialogue between the LBBC and Libyan companies.
... One of the key priorities was to reinforce the strong relations between the LBBC and the National Oil Corporation of Libya (NOC) following the successful meeting in Aberdeen on 8 May 2018.
That meeting recognised the mutual benefit to both Libya and the UK from enhanced co-operation in the development of Libya’s Oil and Gas Industry.
Priority areas include technical training, advanced technology, restoring production at damaged sites and mature field management to maintain the NOC’s successful record of increasing Libya’s oil production to over 1.2m barrels a day.
The Chairman of the LBBC Sir Vincent Fean said: “The many meetings over the last couple of days highlighted strong links that have been established between the UK’s oil production, services and education and training companies with the NOC and its operating companies. I am delighted to see some practical and constructive results from these meetings, cementing lasting partnerships – a genuine win-win.”
The Chairman of the NOC, Mustafa Sanalla commented: “The meetings in Aberdeen, in May, and this week in Tunis, have shown that the UK is a key partner for Libya in boosting oil production. I welcome the LBBC’s efforts and look forward to further progress in building and strengthening this partnership.”
The LBBC looks forward to further meetings with the NOC in 2019.
LBBC Secretariat
You can read the Statement of Intent (English version) between the NOC and the LBBC, signed by NOC Chairman Sanalla and LBBC Chairman, Sir Vincent Fean, here:
https://lbbc.org.uk/…/…/2018/10/Lette r_Of_Intent_English.pdf
يمكنك قراءة النسخة العربية هنا:
https://lbbc.org.uk/…/u…/2018/10/Lett er_Of_Intent_Arabic.pdf
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