Dec 6, 2018 | Libya, Menas Associates
The divergent characters of the National Oil Corporation (NOC) and the Libyan Investment Authority (LIA) reflect the different roles that they each played during the Qadhafi era. As the country’s principal source of income it was essential that the NOC remained...
Nov 7, 2018 | Libya, Menas Associates
By dangling his participation at Palermo over the Italian government’s head, Field Marshal Khalifa Haftar may have sought to exploit Italian desperation for his own benefit. After weeks of hinting that he would not attend, and raising Rome’s anxiety that the 12-13...
Sep 28, 2018 | Libya, Menas Associates
After the Government of National Accord (GNA) adopted an economic reform package — in line with the ceasefire agreement that was negotiated in Zawiya in early September — the UN Support Mission in Libya (UNSMIL) expressed its hope that the reforms would improve the...
Aug 23, 2018 | Libya, Menas Associates
The liquidity crisis continues to impact living standards despite the recent efforts by the Central Bank and the Presidency Council to implement economic reforms. A group of citizens protested in front of a branch of Al-Jumhouriya Bank in Tripoli on 14 August,...
Jul 30, 2018 | Libya, Menas Associates
Last week, for the first time since February, all of the country’s major oilfields and export terminals were operating; a small but necessary recovery for Libya’s oil sector. The El Feel (Elephant) field resumed production on 23 July for the first time since...
Jul 16, 2018 | Libya, Menas Associates
Field Marshal Khalifa Haftar handed back control of eastern oil installations to the internationally recognised National Oil Corporation (NOC) on 11 July, ending the Oil Crescent crisis which had already cost the Libyan economy over US$1 billion. Haftar had sought to...
