Siddiq Omar Al-Kabeer, the governor of the Central Bank of LIbya, recently met with the U.S. deputy assistant Secretary of State.
The purpose of the meeting was to discuss the current situation in Libya and how it relates to banking and finances in the areas of creating systems to combat money laundering and terrorist financing systems.
Libya will be evaluated by the AML/CFT system to ensure it is in compliance with international requirements.
The National Oil Corporation (NOC) has confirmed that all technical and operational activities at its oil fields and ports are functioning normally and safely.
The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.
National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company “With the grace of god whom we thank, on Thursday 31/12/2020, the National Oil Corporation acquired the 50% participation of Yara, the Norwegian company.
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