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Libya preparing to restart oil output
Libya preparing to restart oil output as central bank crisis eases
Libya was preparing to restart oil production that has been shut since late of August after an agreement on a new head of the central bank was reached, two oilfield engineers told Reuters on Tuesday.
Deal to Reopen Libya’s Central Bank Eases Fears of Renewed Conflict
A standoff over control of the bank had destabilized the country’s economy and raised the prospect of fresh fighting between Libya’s eastern and western factions.
Libya Gets New Central Bank Chief Under UN-backed Deal
Libya has appointed a new governor for the central bank, under a UN-backed deal to resolve a dispute between the country's rival administrations that halved oil output.
Libya’s eastern parliament approves new central bank governor, deputy
Libya’s eastern-based parliament agreed on Monday to approve the nomination of Naji Mohamed Issa Belqasem as governor of the central bank, in a move that could help end a crisis which has slashed the country's oil output.
Libya Names Central Banker in Deal That May End Oil Blockade
Libyan factions agreed to appoint a new central bank governor, paving the way for a resolution to a row that’s slashed the OPEC nation’s oil output.
Libya’s parliament approves appointment of Belqasem as new central bank governor
Libya’s eastern parliament has agreed to appoint Naji Mohamed Issa Belqasem as the new central bank governor after the former governor, Sadiq al-Kabir, was fired last month by the presidential council in the capital,
Libya agrees on process for picking central bank governor and directors, UN mission says
Delegates from divided Libya's east and west have agreed on procedures, criteria and timelines for appointing a governor, deputy governor and board of directors for the country's central bank, the United Nations Libya mission (UNSMIL) said on Wednesday in a statement.
Libya to get new central bank leadership under UN-backed deal
Representatives from Libya's rival administrations signed an agreement on Thursday to appoint a new governor for the embattled central bank, a
Libya Assembly Paves Way to Oil Restart With Central Banker Vote
Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s vast energy revenue and setting the stage for a full resumption of oil output.
Libya's rival factions agree to end central bank crisis
Representatives of Libya's rival eastern and western legislative bodies, in talks facilitated by the United Nations, signed an agreement on Thursday to end a crisis over leadership of the central bank,
World Politics Review
29m
Libya’s Takes a Step Back From the Brink—Again
Libya’s fragile “cold peace” nearly collapsed amid a dispute over the central bank, revealing the vulnerabilities of its zero ...
Crude Oil Prices
22h
Libya’s Oil Production Set to Resume on October 1
Libya is set to resume crude oil production on October 1 following a deal on the leadership of the Central Bank.
42m
Oil production in Libya to resume, US oil production in the Gulf of Mexico normalised – Commerzbank
“The agreement was reached by the conflict parties in Libya in the dispute over the leadership of the central bank. This had led to an interruption in oil production in the east of the country, ...
The Libya Observer
2d
Koury: Central Bank agreement can be built upon to unify institutions and reach elections
The Acting Head of the United Nations Support Mission in Libya, Stephanie Koury, has said that Libyans can build upon the ...
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