A fresh batch of 145 irregular Bangladeshi citizens returned home from Libya on Wednesday by a chartered flight of Buraq Air, taking the total number of returnees to 398 so far. The Bangladeshis were in Benghazi detention centre, said the Ministry of Foreign Affairs. The process of repatriating Bangladeshis trapped in Libya is ongoing with the efforts of the Ministry of Foreign Affairs and the Bangladesh Embassy, Tripoli and with the financial support of the International Organization for Migration (IOM). Those who are in the detention centres of Libya will be brought back gradually. Another batch of 110 people was repatriated by a chartered flight on November 30.

On Monday, Akakus Oil Operations announced that it had completed drilling well B-50 NC-115 in a relative record time. Akakus added that 15 wells have been drilled from the beginning of January 2023 until now, with an estimated productivity of 25,000 barrels per day. The company said this achievement comes as part of the efforts made to improve the performance rates of drilling operations and maintenance of oil wells, achieving the target in the shortest possible time, and reducing the costs of drilling operations. Increasing oil production has proven challenging for LibyaIt will be recalled that Libya seeks to increase oil production from its current 1.2 to 1.3 million barrels per day to 2 million bpd, but in reality, has struggled to move beyond its current rate. Earlier this year, the state National Oil Corporation chairman, Farhat Bengdara, said Libya needs investments worth 4 billion dollars annually just to maintain its current volume of oil production, with the aim of modernizing the infrastructure and developing services in the oil fields.

Human rights activist Maria Pisani said the indictment of the three young men from the Ivory Coast and Guinea known as the El Hiblu 3, felt like a “kick to the stomach”. All they did was translate!” Pisani told MaltaToday. “They are political pawns, it’s absolutely devastating,” Pisani told MaltaToday. Pisani, who has followed proceedings closely over the past four years, was asked to describe their emotion following the indictment. “The Attorney General has taken more than four-and-a-half years to make the worst possible decision,” said Elisa De Pieri, the group’s regional researcher.

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Click to expand Image Rescue teams look for flash flood victims in the city of Derna, Libya, September 18, 2023. © 2023 AP Photo/Yousef Murad(Beirut) – An independent inquiry is needed to review failings in Libyan authorities’ management of catastrophic flooding in eastern Libya in September 2023, Human Rights Watch said today. With the conclusion of the mandate of the United Nations Independent Fact-Finding Mission on Libya in March, no international investigative mechanism is functioning for Libya. Storm Daniel reached Libya on September 9, causing severe flooding the next day after two dams upstream from Derna collapsed. Reconstruction and compensation efforts for those affected by the storm have been complicated by deep political divisions between the two governments, both of which established reconstruction funds for Derna and eastern Libya.

NOC hopes to increase oil production by 100,000 bpd from the current 1.3 million bpd by the end of next year, Farhat Bengdara told Reuters at the COP28 climate summit. A bidding round for exploration blocks could include offshore and onshore blocks for both oil and gas, he said, though the number of blocks has yet to be decided. "I can't name names, but American companies, European companies, companies from the Far East." Foreign investment is necessary because the country's resources are limited, Bengdara said, adding that NOC was looking to make investment more attractive for foreign companies. (Reporting by Maha Eldahan and Yousef Saba Writing by Ahmed Elimam Editing by David Goodman)((Ahmed.Elimam@thomsonreuters.com;))The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Test Pilot. Fighter Pilot. Fighter Pilot. Joining elite company, he will be the fourth Canadian astronaut ever sent to the International Space Station. As for the importance of space exploration, Kutryk is proud of the contributions Canada has made to the International Space Station.

The Central Bank of Libya (CBL) has distributed 98 billion Libyan dinars (about $22 billion) to local commercial banks across Libya since the beginning of this year, the bank announced Tuesday. The measure is part of the CBL’s strategy to inject liquidity into bank branches nationwide, according to a CBL statement published on its Facebook page detailing the bank’s expenditures and revenues from January 1 to November 30. Over that period, the CBL processed nearly 2.2 million electronic payments worth 64 billion dinars via 648 bank branches and clearing houses in cities and towns across Libya, the statement revealed. The CBL has also been expanding usage of electronic banking and payments in Libya. As of the end of November, there were nearly 140,000 registered e-wallets in circulation, which have processed 34 million dinars in transactions.

The Wagner Group is a Russian private military company that provides security services to protect military and oil infrastructure in Libya. The Wagner Group has also been reported to have a presence in other conflict zones around the world, including Syria and Ukraine. The United Nations estimates that there are more than 20 thousand foreign mercenaries in Syria, including 13 thousand Syrian fighters. These mercenaries from Wagner were stationed at a base in Benghazi and participated in various operations of the Libyan National Army. Regarding the arming of mercenaries, Libyan military reports indicate that Syrian mercenary groups are using weapons that came as part of a shipment from Algeria.

Libyan National Oil Corporation launches sustainability strategyThe Libyan National Oil Corporation (LNOC) has launched its sustainability strategy, 'Think Tomorrow,' at COP28, marking its commitment to sustainable development, environmental stewardship, and diversified energy sources in LibyaThe strategy includes an 83% reduction in gas flaring by 2030, (Image source: Adobe Stock)Centered around the 'Power of Potential', the strategy signifies LNOC's intention to move beyond traditional oil-centric operations, aligning with the global shift towards sustainable practices. The strategy includes an 83% reduction in gas flaring by 2030, pooling collaborative efforts from nine oil subsidiaries, namely Mellitah, Al Khaleej, Sirte, Mabruk, Waha, Zueitina, Harouge, Akakus, and Alsarir. As part of its environmental commitment, the corporation plans to plant one million trees between 2023 and 2025. Our vision extends beyond oil and gas production; it's about unlocking the potential for positive change – for Libya, our industry, and the global community. We are navigating toward a resilient and prosperous energy future through collaboration, innovation, and a dedication to responsible practices."

The head of the General Authority for Exhibitions, Essam Al-Aoul, revealed in an exclusive interview with Libya Herald that an economic forum will be organized within the activities of the Tripoli International Fair in its 50th edition next year. Wide international participation expectedHe revealed that there will be wide participation from several countries from Asia, Europe and Africa, in the 50th edition which will bring together several international companies in numerous sectors. Al-Aoul said invitations will be sent out early and the General Authority for Exhibitions will facilitate the participation of countries and companies. April 2024Al-Aoul indicated that the 50th edition of Tripoli International Fair will be held at the end of next April, and invitations will be sent directly to countries and international companies during these days so that all invited parties can prepare well to attend and reserve spaces that suit their offers. Events on sidelinesAl-Aoul stressed the readiness of the Tripoli International Fair pavilions to receive participants and provide them with all the necessary needs for various services, expecting to attract many international and local companies with the holding of multiple and distinguished events on the sidelines of the exhibition.

Libya’s National Oil Corporation (NOC) plans to step up its output by 100,000 barrels per day in 2024, its chairman has said. The state oil company plans to boost production to 2 million bpd in the next three to five years, from about 1.2 million bpd currently. In 2021, oil revenue accounted for an estimated 98 per cent of Libya’s total government revenue, according to the country's central bank. Saudi Arabia, the world's largest oil exporter, has said it will keep its voluntary output cut of one million bpd until the end of March. In an interview with Bloomberg on Monday, the kingdom’s Energy Minister Prince Abdulaziz bin Salman said he expected Opec to bring about the crude oil production cuts.

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The Federal Government in collaboration with the International Organisation for Migration (IOM) has safely returned 145 stranded Nigerians from Libya under the IOM Voluntary Humanitarian Return programme. According to Musa, the stranded Nigerians were in various detention centres for living illegally in Libya and without travel documents. Musa said that the evacuees who departed from the Mitiga International Airport in Libya on Monday afternoon were expected to arrive at the Murtala Mohammed International Airport on Monday evening. “Today, 145 stranded Nigerians were evacuated from Mitiga Airport, Libya, aboard chartered flight No UZ 189, and are expected to arrive the Murtala Muhammed International Airport on Monday evening. Musa stated that the Federal Government will continue to work collaboratively with IOM to repatriate stranded Nigerians in Libya under the Voluntary Humanitarian Return programme.

A new study by the U.S.-based think tank The Sentry has deemed Libya as “an integrated hub for intercontinental drug trafficking,” with the illicit narcotics business being the country’s fastest-growing trade. Most cannabis originates from Morocco, cocaine from Latin America, and captagon from Syria, the study noted. However, the analysis highlighted India as another key starting point for captagon, indicating manufacturing facilities may already operate on Libyan soil. Meanwhile, Libya reportedly sees a burgeoning cannabis trade given recent seizures of shipments. Cannabis streaming northward from Morocco can traverse Algeria or enter Libya directly through the Ghat border crossing after transiting Mauritania, Mali and Niger.