Akakus Oil Operations Company Completes Drilling of Well D-42

Tripoli: Akakus Oil Operations Company has announced the successful completion of drilling Well D-42. Initial results from the well indicate a production rate of 1,480 barrels per day.

According to Libyan News Agency, company sources have stated that this development is part of ongoing efforts to enhance and sustain production levels. This initiative aligns with the strategic plan of the National Oil Corporation, aiming to bolster oil output in the region.

House of Representatives Appoints New Central Bank Governor

Sabha:The House of Representatives has voted to accept the resignation of the former governor and appointed Dr. Fawzi Abu Khuzam as the new Governor of the Central Bank of Libya.

According to Libyan News Agency, the decision was made during a sessio…

Ministry of Finance Unveils Unified Salary System Draft Law

Tripoli:The Ministry of Finance of the Government of National Unity has released a draft law for a unified salary system, which includes detailed provisions on salaries, allowances, and proposed pay scales across various job grades and categories with…