Libya: Central Bank (CBL) Imposes 5 Inspection Companies to Control Trade with Libya

 

In its attempt to stamp out corruption, the Central Bank of Libya (CBL) has imposed the following 5 Companies to Inspect all goods traded with Libya: Lloyds, Bureau Veritas, DNV-GL, GQS (Global Quality and Services) & GITO (General Inspection Technical Office)

Attached is the Official Circular (In Arabic only).

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Libya: Tobruk call for Tunisian boycott after Tunis customs seize containers

A top Tobruk businessman is demanding a boycott of Tunisian goods after describing Tunisian customs as pirates for seizing containers from two Libya-bound vessels.

Ibrahim Al-Jarari chairman of the Tobruk Chamber of Commerce and Industry last month called for a ban on Tunisian ships entering Libya ports.  Now he is extending his demand to include Tunisian goods.

The problem appears to have begun when this February customs officers at the port of Sfax found some 25 million packets of cigarettes in 15 containers aboard the Panamanian-flagged Med Prodigy. Tunisia’s customs chief Adel bin Hassan was reported by local radio station Saraha FM to have hailed the customs’ seizure as the largest ever and said the cigarettes were worth $17 million.

The Med Prodigy’s captain is alleged to have told customs officials the cigarettes came from Turkey and had been ordered by a Libyan businessman for delivery to Misrata.  The vessel had sailed to Sfax from Valencia. According to MarineTraffic.com, it is still in the port nine weeks later. Tunisian customs hasnot explained if the shipping manifest for the containers was incorrect.

However, Jarari insisted to Alwasat that the goods were not being smuggled, that the documents were not falsified and that the shipment was legal.

Less clear is a second incident this March. This time Tunisian sources claim customs men intercepted another Libya-bound container ship at sea and escorted it to Tunis’ Rades port. There they allegedly found five containers full of Chinese-made sneakers. It is not thought that this vessel, which has not been named, was detained after the containers had been offloaded. Nor has it been explained how a shipment of sneakers could be so illegal that a container ship would need to be intercepted on the high seas by a customs cutter

LH 16.04.2017

 

Libya: NOC Discover New Gas/Condensate Offshore Libya

National Oil Corporation (NOC) and ENI North Africa Libya (Operator), being partners in an Exploration and Production Sharing Agreement (EPSA IV) signed in June 2008, announce a New Gas/Condensate Discovery in Contract Area ‘D’ (NC41) in Tripoli-Sabratah Basin, Offshore Libya.

The discovery exploration Well B1-16/3 is located approximately 140 km from the Libyan Capital Tripoli City and 5 km to the North of the producing Bahr Essalam Gas Field. The well was drilled in water depth of about 150 m and reached a total depth of 9780 feet (2981 meter).

The production test results are summarized in the following Table: