Libya has signed an arms deal with Russia worth $1.8 billion. Russian Information Agency, RIA Novosti, on Saturday quoted Prime Minister Vladimir Putin as saying, "Only yesterday (Friday) we signed a contract worth 1.3 billion euros ($1.8 billion) with the Libyan government, and it's not only for small arms."Libya mapThe weapons Libya is intending to purchase are not specified in the statement but a military-diplomatic source quoted by Reuters says Libya has ordered some
The National Centre for the Prevention and Combat of Infectious Diseases has announced that the number of those who received the H1N1 vaccin in the campaign which start Jan 4 in various Shabias has reached 451287. Sources of the centre said the vaccines are available for all members of the general public and that the campaign would continue at the designated health cntres. 1770 medical teams are taking part in the effort.
IOC bought 4 million barrels of West African crude oil for April loading and 1 million barrels of Libyan crude for March lifting via tenders on Thursday, trade sources said.India's largest refiner bought one Very Large Crude Carrier (VLCC), made up of 1 million barrels each of Nigerian Yoho and Equatorial Guinean Zafiro, from oil trader Vitol, traders said.From the same seller, IOC took a VLCC made up of 1 million barrels each of
The first Libyan-Portuguese Fair, Lipo-Expo 2010 on trade, industry, building and education, will take place from 15 to 18 February in Tripoli, the organizers told PANA on Friday.Organized by the Libyan exhibition company, Al-Saraya Expo, the Fair is sponsored by the international Fair of Lisbon and the international Fair of Tripoli on the initiative of the Libyan Bureau of the People (embassy) to Portugal and the Portuguese ambassador to Libya.The fair seeks to promote
Eni SpA (E, ENI.MI) on Friday formally pulled out of a deal to buy Heritage Oil PLC's (HGOCF, HOIL.LN) stakes in several Uganda oil blocks after Tullow Oil PLC (TUWOY, TLW.LN) exercised preemptive rights.
The announcement comes after Ugandan officials appeared to show support for Tullow's preemption. Eni's decision to pull out of the deal is also a signal that it wouldn't improve its initial offer of up to $1.5 billion.
Libya is stepping up its gas exploration and production with a view to increasing exports to Europe, according to Shokri Ghanem, Chairman of the National Oil Corporation (NOC).Ghanem said that the move to intensify activity within the gas segment was in line with new energy policies which many European countries were adopting and followed a series of promising gas explorations, most notably in the Gulf of Sirte."Even if companies are still at the exploration
The National Oil Corporation Awarded as the Ideal Institution.A specialized International Society selected the National Oil Corporation to win the International Award for Quality and Ideal Performance for the year 2009.The French Society Athar Waiz Management and Consultancy, grants this annual award in coordination with other International Institutions, for the most remarkable companies and corporations through their achievements.Director of International Cooperation in the N.O.C, Mr. Ahmad Altaghdy, said; the selection committee of the Society
The Device of Development and Maintenance of Administrative Buildings issued the booklet of housing projects for the year 2009, which included detailed information on the housing projects implemented by the device, and the projects being currently designed. In the opening of the booklet, Mr. Ibrahem Edbaibah, Secretary of the Management Committee of the Device, explained the role of the Device saying:“ the Device of Development and Maintenance of Administrative Buildings finishes its 20th year,