الشركة العامة للكهرباء - تمديد فترة تقديم العروض

View Videos sort by date sort by channel
Page

Oil & Gas News

Oil & Gas News Contract News
Released:  10/06/20152015-06-10
Word count:  142

According to a report from Upstream Online, Libya’s Mellitah Oil & Gas has awarded a $330-million contract to OneSubsea.

Play
Libya business news
The contract is to carry out work at the Bahr Essalam field in Block NC41. A statement from OneSubsea confirmed a major gas project offshore North Africa, but did not specify the location:

“OneSubsea, a Cameron (NYSE: CAM) and Schlumberger (NYSE: SLB) company, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa.

“The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services. Deliveries are expected to begin Q3 2016.

“’The award represents phase two of this development and is the largest award for a subsea production system within the North Africa region to date,’ said Cameron Chairman and Chief Executive Officer Jack Moore. ‘Having already supplied the first phase of this development, OneSubsea now looks forward to progressing with this second phase.’“

(Source: Upstream Online)
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

We have a direct genuine provider for BG/ SBLC specifically for lease, at leasing price of 5+1% of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA

DESCRIPTION OF INSTRUMENTS:

1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A) 2. Total Face Value: Euro/USD 1M MIN and Euro/USD 5B MAX 3. Issuing Bank: HSBC London, Deutsche Bank Frankfurt or Any Top AA rated Bank 4. Age: One Year, One Day 5. Leasing Price: 5% of Face Value plus 0.5% commission fees to brokers. 6. Delivery: SWIFT TO SWIFT. 7. Payment: MT-103. 8. Hard Copy: Bonded Courier within 7 banking days. All relevant business information will be provided upon request.

If Interested kindly contact me via Email:~ sperblease@gmail.com Skype ID: sperblease

Alexander Sperber
3 weeks ago

Oil & Gas News

Oil & Gas News
Released:  09/06/20152015-06-09
Word count:  397

BENGHAZI, Libya/TRIPOLI, June 7 (Reuters) - Eastern Libyan state oil firm AGOCO is producing 250,000 to 290,000 barrels per day (bpd), a company spokesman said on Sunday, unchanged from recent weeks.

Play
Reuters
On Monday, a tanker will lift one million barrels of crude at the port of Hariga, the spokesman said. He said the Nafoura field remained closed due to a protest by locals demanding jobs.

The Bayda field also remained shut due to a shortage of power, he said.

AGOCO produces the bulk of Libya's total oil output which ranges from 400,000 to 500,000 bpd. More than a dozen fields in central and western Libya have closed due to protests and fighting, including Islamic State attacks.

Another tanker would lift 500,000 barrels of crude from the eastern Brega port, another oil official said. The port mainly supplies the western Zawiya refinery.

There was no tanker activity at the eastern port of Zueitina as crude flows remain disrupted due to the protest that has halted work at the Nafoura field, said a port official.

The southwestern El Sharara oilfield will remain closed, said Ibrahim al-Tebawi, a member of a security force from the western region of Zintan blocking a pipeline from the field. A rival force must leave El Sharara before pumping can resume.

El Sharara closed in November when a force allied with a self-declared government in Tripoli took over and Zintan guards, who had previously controlled the field, shut down a related pipeline.

The nearby El Feel field also remained shut due to a strike by guards, a field engineer said.

Libya is caught in a struggle between forces backing the internationally recognised government based in the east and a rival administration that has taken control of Tripoli, as former rebels who helped oust veteran ruler Muammar Gaddafi in 2011 have fallen out along political, regional and tribal lines.

In a bid to show its impartiality, Tripoli-based state oil firm NOC said it had begun delivering petrol to the western mountains, to which Zintan belongs, which had been cut off from fuel supplies.

Zintan is allied to the eastern government fighting the Tripoli government on a frontline west of the capital.

But Zintan's mayor, Mustafa al-Barouni, said he expected a Tripoli force to block the deliveries.

"I, the mayor of Zintan, think that Zintan will not receive fuel shipments because the troops of Libya Dawn have been preventing it for more than eight months," he told Reuters, referring to the faction which seized Tripoli last August.

(Reporting by Ayman al-Warfalli; Writing by Ulf Laessing. Editing by Jane Merriman and Jason Neely)
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

Oil & Gas News

Oil & Gas News
Released:  08/06/20152015-06-08
Word count:  608

Oil group OPEC agreed to stick by its policy of unconstrained output for another six months on Friday, setting aside warnings of a second lurch lower in prices as some members such as Iran look to ramp up exports.

Play
Reuters
Concluding a meeting with no apparent dissent, Saudi Arabian oil minister Ali al-Naimi said OPEC had rolled over its current output ceiling, renewing support for the shock market treatment it doled out late last year when the world's top supplier said it would no longer cut output to keep prices high.

The Organization of the Petroleum Exporting Countries will meet again on Dec. 4, Naimi said.

With oil prices having rebounded by more than a third after hitting a six-year low of $45 a barrel in January, officials meeting in Vienna saw little reason to tinker with a strategy that seems to have resurrected moribund growth in world oil consumption and put a damper on the U.S. shale boom.

"You'll be surprised how amicable the meeting was," a visibly pleased Naimi told reporters after the meeting.

Oil prices rose by nearly $1 a barrel after the decision, paring some of this week's losses on news that OPEC had not raised its output ceiling to match current output levels that are much higher, as a handful of analysts had suggested.

Friday's decision defers discussion of several tricky questions set to arise in the coming months as members such as Iran and Libya prepare to reopen the taps after years of diminished production.

Iranian oil minister Bijan Zanganeh had promised to press the group for assurances that other members would give Tehran room to add as much as 1 million barrels per day (bpd) of supply once Western sanctions are eased. But most delegates saw little reason for Tehran to pick a fight now.

"When the production comes, this matter will settle itself," one OPEC delegate told Reuters. That may not occur until 2016, according to many analysts who question how quickly Tehran will win relief from sanctions and be allowed to sell more crude. Libya, still afflicted by a crippling civil war, hopes to double production to some 1 million bpd by September if key ports resume working, but past efforts have failed to deliver a sustained recovery in shipments.

U.S. oil CLc1 is on track for its first weekly decline since March as traders weigh deteriorating physical market conditions. But prices are still $15 off their lows, and some analysts see further gains ahead.

"The markets are moving in OPEC’s favour," said Dr. Gary Ross, executive chairman of PIRA Energy Group. "Prices are stimulating robust demand growth and slowing capex. This was the objective of the Saudi strategy and it’s working."

OPEC Secretary-General Abdullah al-Badri, speaking to reporters after the meeting, said he saw the oil market as "very positive". "The economy is growing, demand is growing. We see non-OPEC supply is not growing as in the past,‎" Badri said.

DON'T RAISE THE ROOF

OPEC output has exceeded the group's 30 million bpd ceiling for most of the past year, reaching 31.2 million bpd in May, its highest in three years, according to a Reuters survey.

Notably absent from this week's agenda were efforts to push for output constraints - even from hawks such as Venezuela, which faces deepening budget woes at prices below $100 per barrel.

While oil ministers have maintained a relentlessly upbeat attitude this week, some analysts see dark clouds gathering. The U.S. tight oil industry has been more resilient than many had expected, with falling costs helping sustain the revolution and possibly setting up another downward spiral.

"Balances show we are oversupplied and OPEC is in pedal-to-the-metal mode," said Bob McNally, founder and president of Washington-based consultancy The Rapidan Group. He said Brent crude could fall back to $50 a barrel.

(Additional reporting by Rania El Gamal, Reem Shamseddine and Shadia Nasralla; Writing by Jonathan Leff; Editing by Dale Hudson)
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

Oil & Gas News

Oil & Gas News
Released:  08/06/20152015-06-08
Word count:  806

No matter what OPEC says Friday about its production target, the outcome is sure to be more oil.

Play
Bloomberg
Iran, Iraq and Libya said this week they plan to add millions of barrels to the market this year. Saudi Arabia, the biggest member in the group, is already pumping the most in three decades. And executives from the world’s biggest oil companies pledged to keep expanding by cutting costs and focusing on the most promising drilling sites.

The contest for market share is proving more important than price as the Saudis seek to undercut higher-cost producers while costs keep dropping. The competition is intensifying because producers are eager to sell ever more oil even as world demand slows.

“High prices spurred the commercialization of an awful lot of oil that’s now ready to be sold in the market,” Ed Morse, Citigroup Inc.’s New York-based head of global commodities research, said by phone. “The decline in demand is making it very difficult to sell oil when you’ve got not just the shale revolution, but Iran and Iraq and other OPEC countries wanting to produce a lot more.”

Brent crude, the benchmark for more than half the world’s oil, fell 60 percent to a six-year low of $46.59 a barrel in January from $115.06 in June. It’s up 32 percent since then and traded at $61.65 a barrel at 10:06 a.m. London time Friday. The U.S. Energy Information Administration forecasts Brent will average $60.79 in 2015.

Angola needs a price of $80, Oil Minister Jose Botelho said Friday in Vienna. New projects will slow down amid the slump in prices, he said. OPEC Output

The Organization of Petroleum Exporting Countries has exceeded its own target of 30 million barrels a day for 12 straight months. It will maintain that goal when it meets today in Vienna, according to all but one of 34 analysts and traders surveyed by Bloomberg last month.

“The decision is almost certain to be no change,” Richard Mallinson, an analyst at Energy Aspects Ltd. in London, said by phone. “I haven’t seen anything either coming out of the formal seminar or any sideline comments that would suggest there’s any real probability of an alternative.” The 12-nation group pumped 31.58 million barrels a day in May. Saudi Arabia added 670,000 barrels a day between February and April, according to the figures it submitted to OPEC’s secretariat in Vienna. Output in April was 10.3 million barrels a day, the highest since the 1980s. Sovereign Right

Oil production is a sovereign right, Saudi Arabia’s Oil Minister Ali al-Naimi said Friday in Vienna, when asked about OPEC producing above its 30m-b/d production target.

Saudi Arabian Oil Co. projects global daily crude consumption will reach 111 million barrels by 2040, from 93 million barrels now, an average growth rate of less than 1 percent a year. Lower prices are stimulating more demand, according to Al-Naimi. World demand rose 1.5 percent last quarter from a year earlier while supply grew 3.1 percent, according to the International Energy Agency.

Iraq is set to increase exports by about 100,000 barrels a day this month as fighting with Islamic State militants spares its biggest-producing regions, Oil Minister Adel Abdul Mahdi said in a June 3 interview at the OPEC International Seminar in Vienna.

Iran’s oil minister, Bijan Namdar Zanganeh, delivered a letter to the group telling them to make room for the country’s rising output. The Persian Gulf nation is negotiating rolling back its nuclear program in exchange for relief from Western sanctions, which would allow it to boost oil production and exports.

Libya Outages

Libya’s emergency outages at the ports of Ras Lanuf and Es Sider may end in July or August, Al-Mabrook Abu Seif, chairman of Libya’s National Oil Corp., said Thursday. Restoring service would allow the nation to pump 1 million barrels a day, about double its current output, he said. “This is a battle about market share, nothing more, nothing less,” Michael Hewson, senior analyst at London-based CMC Markets Plc, said by phone Thursday. “OPEC won’t talk about cuts again until they know that non-OPEC members will abide by them, too. So rather than cut, they may even increase output.”

Break-even costs for U.S. shale production dropped 15 to 30 percent in recent months, while the amount that drillers are able to suck out of the ground from each well has increased as much as 30 percent, ConocoPhillips Chief Executive Officer Ryan Lance said at the forum in Vienna. His counterparts at Exxon Mobil Corp., Royal Dutch Shell Plc and BP Plc also said shale production has proved surprisingly resilient at lower prices. “As producers they will keep producing to protect their market share and hope that they prove to be the most efficient source of production to fill the emerging market demand,” Jason Kenney, head of Pan-European oil and gas equity research at Banco Santander SA, said by phone Thursday. “U.S. shale oil isn’t going anywhere so efficient supply is definitely the key.”
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

News Releases

News Releases
Released:  08/06/20152015-06-08
Word count:  207

Libya's internationally recognised government says the central bank's headquarters have moved to the eastern city of Bayda, although it was not clear how the bank would control and process payments with its staff and computers still in Tripoli.

Play
Reuters
The Bayda-based government is struggling for control of big state institutions with a rival administration in Tripoli and also says it plans to route oil revenues through the east, bypassing the capital. However, foreign buyers are still paying for oil through the Tripoli-based NOC state oil firm.

Libya has been engulfed by violence and chaos since Muammar Gaddafi was toppled in 2011, and in August a faction called Libya Dawn seized the capital, forcing the official premier, Abdullah al-Thinni, to flee with his ministers to the east.

Ministries and state bodies in Tripoli remain under the control of Thinni's rivals, who are boycotted by world powers.

The eastern central bank governor Ali Salem Hibri declined to say whether the Bayda bank would try to get oil revenues deposited in the eastern city instead of Tripoli.

"The place doesn't mean anything," he said. "The most important thing is that oil revenues are held inside Libya."

There was no immediate comment from the Tripoli-based central bank.

"Headquarters are now in Bayda while Tripoli and (the eastern city of) Benghazi will have central bank branches," Agila Saleh, speaker of the elected Bayda-based parliament, told Reuters during a ceremony at the bank's new headquarters.

(Writing by Ulf Laessing; Editing by Louise Ireland)  
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

Oil & Gas News

Oil & Gas News

Vienna, 04.06.2015 - (Lana) - The president of the Oil National Corporation 'NOC' 'Mustafa Sona'a-Allah' , expected that Libya production of oil will reach a one million barrels per day , within a month from lifting the force majeure in July or August.

Play
Libya News Agency (LANA)
NOC president , in a statement in Vienna today Thursday , said that Libya's current production is about 400 - 500 thousand barrels per day.

Its noteworthy , that the ONC had announced the state of force majeure , on shipments from Ras-Lanoof and the nearby Sidra port , last December.

=Lana=
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

News Releases

News Releases
Released:  05/06/20152015-06-05
Word count:  468

The government has agreed to issue temporary visas to Libyan businessmen to travel to Malta to conduct business with their Maltese counterparts.

Play
Times of Malta
This was revealed by the President of the Chamber of Commerce, Enterprise and Industry, Anton Borg, when he appeared before the Parliamentary Committee for Economic and Financial Affairs, which discussed the impact of the Libyan situation on local companies and businesses.

Mr Borg said that, because of the current situation, it was much easier for Libyan businessmen to come to Malta than for the Maltese to travel there.

He said the chamber had proposed the issue of temporary visas for Libyan businessmen to attend board meetings in Malta and enter into negotiations with Maltese.

The visa would be issued for a 90-day period and would be handed over upon arrival in Malta. It would not be valid for travel in other Schengen countries. Maltese companies would be held responsible for the visa holders.

Mr Borg said the government had accepted the proposal although discussions were being held to iron out some minor difficulties.

Earlier, Malta Enterprise chairman Mario Vella gave a presentation on the economic impact of the situation in Libya on Maltese businesses.

He said exports had amounted to €85 million in 2010, rose to €138 million in 2013 but fell back to €123 million in 2014 due to a worsening of the situation on the ground. In the first quarter of 2015, €23 million worth of exports had been registered.

Dr Vella referred to assistance that had been given to Maltese companies to facilitate their cash flow, including easing of VAT and income tax payments and other matters. This was corroborated by the Chamber of Commerce chairman who praised the attention and assistance given by Malta Enterprise.

Dr Vella said the situation in Libya showed that Maltese companies had structural problems and that the alternative lay in diversifying their activities to Algeria, Tunisia and sub-Saharan countries.

Malta, he said, had opened a consular office in Algiers and a business delegation to Algeria had been oversubscribed. Maltese businessmen had achieved surprising success in doing business with sub-Saharan countries. A Malta representative with experience in marketing in African countries had been posted to the Ethiopian capital Addis Ababa. Opportunities existed in East and in West Africa.

Mr Vella called for the opening of more consular offices in other African countries, saying that Malta already had honorary consuls for the Cameroon and for Botswana. Maltese construction companies were operating in the sub Sahara and they needed to form consortia to be able to take on large projects.

Joe Farrugia from the Malta Employers Association said there were no strong fluctuations in terms of employment mainly because employees had definite contracts. Companies kept these workers on because of their experience.

Frank Farrugia from the Chamber of Commerce said Maltese companies previously operating in the Libyan market, and which had diversified their business, could not find enough technicians and skilled employees and had requested permission to import foreign workers.

Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

Oil & Gas News

Oil & Gas News
Released:  04/06/20152015-06-04
Word count:  926

Nearly a year after oil markets entered a deep downward spiral, unmoored from the $100-a-barrel mark that had anchored them for years, some OPEC members are publicly talking for the first time about a new "fair" price for their crude.

Play
Reuters
Oil ministers from Iraq, Venezuela and Angola said in Vienna this week that a price of $75 or $80 a barrel - barely $10 above the going rate - could be just fine. Iraq's Adel Abdel Mahdi said it would be "equitable". Privately, one Gulf OPEC delegate also told Reuters he reckons crude may be trading around this level next year, once markets rebalance.

It remains to be seen whether this new range becomes a common refrain for the group, which has effectively given up efforts to maintain prices in order to defend its share of the world market.

Importantly, Saudi Arabia - which for years had pointed to $100 a barrel as a "fair price for producers and consumers" - has given no indication that it subscribes to this view.

Yet simply by uttering the numbers, OPEC ministers are helping to quench a craving among traders, investors and energy executives for clarity on medium-term oil prices, an indication as to when months of uncertainty and volatility may end.

To be sure, there's no indication that the Organization of the Petroleum Exporting Countries as a whole feels any urgency to push prices back up into the $70s - in fact quite the opposite. The group is expected on Friday to agree to maintain its current production for months to come.

Even if Saudi Arabia and its Gulf allies begin talking seriously about shoring up the market, finding the right balance will be tricky: Iran needs more than $100 a barrel to balance its budget; yet too high a price threatens to revive competition from the U.S. shale industry, where urgent efforts to cut costs have already helped temper some of the downturn. “If oil prices recover, shale production will go higher again. So we need to get used to a totally different dynamic," Eni (ENI.MI) Chief Executive Claudio Descalzi said on Wednesday.

PRICE BANDS AND FAIRNESS

As a policy, OPEC has not openly targeted specific oil prices for over a decade, ever since it abandoned a $22 to $28 price 'band' instituted after the late-1990s crash.

As the market entered a years-long bull run, members' expectations rose gradually and informally, with OPEC stressing the need to meet demand rather than pump up prices.

In the wake of the 2008 financial crisis, with OPEC cutting output desperately to shore up prices that had fallen from nearly $150 a barrel to less than $40, Saudi King Abdullah surprised traders by saying bluntly that $75 was a "fair price".

Over the following year or two, that view shifted up to around $100, a mark that OPEC managed to maintain effortlessly for most of the previous five years.

As recently as May 2014, Saudi Oil Minister Ali al-Naimi was repeating that mantra: "One-hundred dollars is a fair price for everybody - consumers, producers, oil companies," he said.

Since the group's decision last November to maintain production despite a growing global glut, the role of swing supplier has fallen to hundreds of shale drillers who are quickly curbing activity to halt the rapid rise in U.S. production - a messy, volatile process that has contributed to heightened uncertainty on the outlook.

There's a gap of nearly $40 a barrel between the highest and lowest Brent forecasts for next year, with an average of around $70, according to a Reuters poll this week.

“Uncertainty is the rule of the game in this industry. It is a permanent coup d’état," said French oil company Total's (TOTF.PA) Chief Executive Patrick Pouyanne.

NEW GOAL OR WISHFUL THINKING?

Iraqi oil minister Abdel Mahdi told an OPEC seminar that an "equitable price" would be $75 to $80. His Venezuelan counterpart Asdrubal Chavez, asked the same question, said: "We share the same opinion of the minister of Iraq." The oil minister of Iran declined to answer.

Chavez's view was particularly surprising as Venezuela is one of OPEC's biggest price hawks, and has been working feverishly if fruitlessly to get big non-OPEC producers such as Russia and the powerful Gulf OPEC members to talk about across-the-board production cuts and revive prices.

Just three weeks ago, President Nicolas Maduro said it was "in the best interests of Venezuela and OPEC to see the price stabilize at $100 in the medium term" - although months earlier he cautioned his citizens that prices would never return there.

One executive from a major Western oil company, also in Vienna, said the signals were likely hopeful visions rather than statements of intent: "It's their way of saying we like these prices. Consumers would want lower prices."

Indeed, India's minister of petroleum, Dharmendra Pradhan, said at the same seminar that around $65 - plus or minus $2 or $3 a barrel - would be acceptable.

Paul Horsnell, global head of commodities research at Standard Chartered and a veteran OPEC watcher, said he was surprised to hear the "fair price" refrain returning, although he cautioned that $80 was too low to be a long-term norm. "If non-OPEC outside North America hasn't managed to grow for five years with prices above $110, it's not going to grow at $80," he said.

Others said it may not be too far off the mark.

Ann-Louise Hittle, a senior oil analyst at Wood Mackenzie, expects prices to average $70 a barrel next year, low enough to maintain demand growth and also prevent U.S. production from resuming its breakneck growth. But she cautioned against reading too much into the comments.

"It's significant that somebody is even talking about price after the last meeting, but until the Saudis say it, it's not something you want to put a lot of credence into."

(Writing by Jonathan Leff; Editing by Dale Hudson)
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
2 weeks ago

We have a direct genuine provider for BG/ SBLC specifically for lease, at leasing price of 5+1% of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA

DESCRIPTION OF INSTRUMENTS:

1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A) 2. Total Face Value: Euro/USD 1M MIN and Euro/USD 5B MAX 3. Issuing Bank: HSBC London, Deutsche Bank Frankfurt or Any Top AA rated Bank 4. Age: One Year, One Day 5. Leasing Price: 5% of Face Value plus 0.5% commission fees to brokers. 6. Delivery: SWIFT TO SWIFT. 7. Payment: MT-103. 8. Hard Copy: Bonded Courier within 7 banking days. All relevant business information will be provided upon request.

If Interested kindly contact me via Email:~ sperblease@gmail.com Skype ID: sperblease

Alexander Sperber
3 weeks ago

Business News

Business News
Released:  04/06/20152015-06-04
Word count:  190

Tobruk is to have a new industrial district which it is hoped will attract investors and businesses to the area.

Play
Libya herald
The 1,000 hectare site in the Batrona district, 15 kilometres south of Tobruk military base is designed to boost jobs and economic activity.

“ This is a huge project” explained Marwan Bakr the spokesman for Tobruk municipality, at a ceremony where a foundation stone was laid. “It is one of the largest and most important projects and we believe it will prove highly attractive to investors”.

It is understood that foreign investors have signalled an interest in the industrial estate but it appears that the talks are at any early stage and no names are being released. Nor has a figure been given for the expected cost of the development,

A major challenge in post-Qaddafi Libya has been the widespread lack of clear property title. This caused some outside investors to shy away and brought some high profile projects to a complete halt. Tripoli’s Renaissance mall and hotel complex and the Intercontinental hotel on the Corniche were both delayed by disputes over who actually owned the sites.

Bakr said that the Tobruk municipality had gone out of its way to ensure that the title to the development was “one hundred percent clear”.
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

We have a direct genuine provider for BG/ SBLC specifically for lease, at leasing price of 5+1% of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA

DESCRIPTION OF INSTRUMENTS:

1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A) 2. Total Face Value: Euro/USD 1M MIN and Euro/USD 5B MAX 3. Issuing Bank: HSBC London, Deutsche Bank Frankfurt or Any Top AA rated Bank 4. Age: One Year, One Day 5. Leasing Price: 5% of Face Value plus 0.5% commission fees to brokers. 6. Delivery: SWIFT TO SWIFT. 7. Payment: MT-103. 8. Hard Copy: Bonded Courier within 7 banking days. All relevant business information will be provided upon request.

If Interested kindly contact me via Email:~ sperblease@gmail.com Skype ID: sperblease

Alexander Sperber
3 weeks ago

We can offer cif Lybia Italia Origine Tetra pack milk UHT international brands Vegetables can, tomato paste.in can Any quantity for one contract every month By contenairs cif Tobruk and el komes port Send me e-mail for any infos horizoninter2001@yahoo.fr

Anonymous
3 weeks ago

Oil & Gas News

Oil & Gas News
Released:  03/06/20152015-06-03
Word count:  385

Oil prices rose on Tuesday, driven by a weak dollar and expectations that U.S. crude supplies could have fallen last week for a fifth straight week.

Play
Reuters
But the American Petroleum Institute (API) estimated an inventory build instead, in a report released after the market's settlement, causing oil to pare some of its earlier gains.

API said U.S. crude inventories rose by 1.8 million barrels in the week to May 29. Analysts polled by Reuters had forecast stocks would drop by 1.7 million barrels, for a fifth straight week of declines.

The government-run Energy Information Administration will issue official inventory data on Wednesday. Brent crude oil settled up 61 cents, or 1 percent, at $65.49 a barrel. It was up 44 cents by 4:56 p.m. EDT, after the API data

U.S. crude settled up $1.06, or 1.8 percent, at$61.26. It traded 81 cents higher after the data.

The likelihood of high global supplies from OPEC's lack of will to cut output when it meets this week was also a factor in Tuesday's market, although it did not have a significant impact on prices, traders said.

The weaker dollar was a bigger factor as it made crude prices, denominated in the greenback, more affordable to holders of the euro and other currencies. The euro was up its most against the dollar since mid-March on bets that Greece would reach a deal with its creditors.

"It's a dollar driven day, with as much expectations riding on a continued draw in crude stocks," said Gene McGillian, analyst at Tradition Energy in Stamford, Connecticut.

Ministers from the Organization of the Petroleum Exporting Countries, responsible for more than a third of the world's crude output, meet in Vienna on Friday to decide on production policy for the next six months.

The group has been producing up to 2 million barrels per day more than needed, although analysts expect the market to eventually balance from higher demand.

Ali al-Naimi, oil minister of Saudi Arabia, OPEC's most influential member, expects global oil demand to increase in the second half and supply to decrease, a sign the kingdom's strategy of defending market share was working.

Several banks and analysts, including Morgan Stanley, have suggested OPEC could raise its production target, acknowledging that it has been producing more than planned over the last few months. But most expect no change. "The gulf between the member countries remains extremely wide, and without a contribution from everyone ... Saudi Arabia will not reduce production," said Amrita Sen, chief oil analyst at Energy Aspects.
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

We have a direct genuine provider for BG/ SBLC specifically for lease, at leasing price of 5+1% of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA

DESCRIPTION OF INSTRUMENTS:

1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A) 2. Total Face Value: Euro/USD 1M MIN and Euro/USD 5B MAX 3. Issuing Bank: HSBC London, Deutsche Bank Frankfurt or Any Top AA rated Bank 4. Age: One Year, One Day 5. Leasing Price: 5% of Face Value plus 0.5% commission fees to brokers. 6. Delivery: SWIFT TO SWIFT. 7. Payment: MT-103. 8. Hard Copy: Bonded Courier within 7 banking days. All relevant business information will be provided upon request.

If Interested kindly contact me via Email:~ sperblease@gmail.com Skype ID: sperblease

Alexander Sperber
3 weeks ago

News Releases

News Releases
Released:  03/06/20152015-06-03
Word count:  135

A ship importing cement has docked at Libya’s Ras Lanuf port but the oil export terminal will stay shut, a port official said.

Play
Hellenic shipping news
State oil firm NOC declared force majeure, a contractual waiver for Ras Lanuf and the neighbouring Es Sider oil port, in December when fighting between forces allied to Libya’s two governments erupted in the area.

The cement ship had docked at Ras Lanuf’s commercial non-oil port, staying four days to discharge its load, the official said, but added: “There are no oil exports from Ras Lanuf.”

The fighting near Es Sider ended in March when a force belonging to a rival government in Tripoli pulled out its forces after trying to take the ports held by forces loyal to the internationally-recognised government.

But repeated attacks by Islamic State on oilfields connected to the two ports led NOC to declare force majeure in March for a dozen oil facilities in central Libya. Source: Reuters  
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

Oil & Gas News

Oil & Gas News
Released:  02/06/20152015-06-02
Word count:  63

BENGHAZI, Libya (Reuters) - The eastern Libyan port of Hariga will export 1.7 million barrels of crude this week, oil officials said.

Play
Reuters
A tanker lifted 700,000 barrels of crude at the Hariga port located in Tobruk, one official said, adding that a second tanker was waiting outside to lift one million barrels of crude.

The Zueitina port exported 650,000 barrels of crude coming from tanks, another official said.

Fresh crude supplies from connected fields were still blocked due to a protest by locals demanding jobs, he said.  
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

Oil & Gas News

Oil & Gas News
Released:  02/06/20152015-06-02
Word count:  314

The chairman of Libya’s National Oil Company has said the country is capable of 1mn barrels per day

Play
Oil review Africa
Speaking at Platts Global Crude Oil Summit in London on 19 May, Mustafa Sanallah said Libya was working hard to return national oil production to pre-revolutionary volumes, following damage to its oilfields and the closure of its exporting terminals due to political instability.

The National Oil Company (NOC) was aiming to repair the damaged facilities over the next two months, Sanallah said, in a move which he asserted will immediately increase output by 200,000 barrels per day (bpd).

Production levels currently stand at around 436,000 barrels per day (bpd) and are expected to average 400,000 bpd in 2015 – down from pre-revolutionary levels of around 1.6mn bpd.

“Over the past three years we have lost production because of our situation, and other producers have taken advantage,” Sanallah commented. “We are working to resume production and develop projects, focusing in particular on offshore gas and condensates, to preserve our market share.”

“If political issues are resolved, we can easily increase production to 1mn bpd,” the chairman said, noting that several discoveries had been made in 2011 and the cost of production was relatively low.

Sanallah was keen to emphasise that NOC was maintaining a dialogue with tribes which had closed terminals and blockaded oilfields, adding that the company had maintained its neutral position despite the existence of two rival governments.

Speaking about OPEC, the chairman voiced his support for the Saudi-led strategy of focussing on market share, predicting no change in tactics at the next OPEC meeting in June.

“The consensus is that the oil price will recover in the second half of this year and continue to rise in 2016,” he explained, adding that he expected the increase in global demand to absorb higher OPEC production and Libya to make a smooth return to the oil market without negatively impacting prices.

Hydrocarbons make a critical contribution to the Libyan economy, accounting for around 96 per cent of the country’s hard currency revenues.
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

Oil & Gas News

Oil & Gas News
Released:  01/06/20152015-06-01
Word count:  481

Brent oil snapped a two-day advance as Saudi Arabia maintained crude output at a record in May before OPEC meets this week to discuss its production policy.

Play
Bloomberg
Futures slid as much as 0.8 percent in London after rising 4.8 percent on Friday. Saudi Arabia pumped 10.25 million barrels a day, unchanged from April and the most in a monthly Bloomberg survey going back to 1989. The Organization of Petroleum Exporting Countries will probably maintain its collective quota at 30 million barrels a day when it meets June 5 in Vienna, according to a separate survey last month.

Oil’s recovery from a six-year low in January is stalling amid speculation a global glut will persist. OPEC, which pumps 40 percent of the world’s crude, is seen sticking with its strategy of favoring market share over supporting prices, while U.S. supply remains near a record.

“Production is going to have to come down to prevent oil prices falling away,” Ric Spooner, a chief analyst at CMC Markets in Sydney, said by phone. “Not only is Saudi Arabian output steady but we also saw U.S. production flicking up again. That’s why we’re constrained on the upside.”

Brent for July settlement fell as much as 53 cents to $65.03 a barrel on the London-based ICE Futures Europe exchange and was at $65.17 at 1:13 p.m. Singapore time. The European benchmark crude traded at a premium of $5.31 to West Texas Intermediate, the U.S. marker grade.

OPEC Output

WTI for July delivery declined as much as 56 cents, or 0.9 percent, to $59.74 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained 4.5 percent to $60.30 on Friday. The volume of all futures traded was about 42 percent below the 100-day average.

OPEC output increased 67,000 barrels to 31.579 million a day in May, according to the survey of oil companies, producers and analysts. Production from Iraq, the second biggest of the group’s 12 members, accelerated by 197,000 barrels a day to a record 3.87 million, the survey shows.

Representatives of OPEC’s Economic Commission Board, which reviews the market before ministers meet in Vienna, confirmed the group’s prior outlook for 2015, projecting that the need for its crude will rise in the second half, said two delegates who asked not to be identified because the talks are private.

Bullish Bets

OPEC exceeded its collective target for a 12th consecutive month in May, according to data compiled by Bloomberg. Given the group is producing more than 31 million barrels a day, there is some risk that its output quota may be increased, Morgan Stanley analysts including Adam Longson said in a note Monday.

Speculators have tempered their crude wagers before the OPEC meeting. With bearish bets on WTI falling at a faster pace than bullish holdings, the net-long position rose for the first time in three weeks, U.S. Commodity Futures Trading Commission data for the seven days ended May 26 show.

Production in the U.S., the world’s biggest oil consumer, rose to 9.57 million barrels a day through May 22, according to the Energy Information Administration. That’s the highest level since January 1983.  
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

Oil & Gas News

Oil & Gas News
Released:  01/06/20152015-06-01
Word count:  164

Eni has announced a new offshore gas and condensates discovery in the North African country

Play
Oil Review Middle East
The Italian multinational oil and gas firm said the find was made 140 km from the Libyan coast in the Bouri North exploration prospect of Area D.

The discovery was made through the A1-1/1 well, located 20 km north of the production field at Bouri and drilled at a water depth of 125 metres, encountering gas and condensates in the Metlaoui group of Eocene Age.

During the production test, which Eni said was constrained by the available surface facilities, the well reportedly flowed at a rate of 1,340 boepd, with a choke size of 64/64-inch.

However, at full flow, the firm added that it estimates the well to be capable of delivering more than 3,000 boepd.

The new well represents the second discovery this year in Libya’s offshore Area D, which is operated by Eni through its subsidiary, Eni North Africa BV, with 100 per cent working interest in the exploration phase.

The company currently produces more than 300,000 boepd in Libya, where it has maintained a presence since 1959.  
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Petrovic Dorde
2 weeks ago

Business News

Business News

On 14 May, Minister for Finance Edward Scicluna stressed the importance for the European Bank for Reconstruction and Development to engage with the private sector in Libya, in spite of the current challenging situation there.

Play
Malta Independent
He was addressing the EBRD's Board of Governors' 24th annual meeting in the Georgian capital, Tbilisi.

He stated: "We must keep in mind that notwithstanding what we see or hear on the media, and no matter how bad the political situation on the ground in Libya, there are several law abiding citizens, several private businesses waiting for democracy and economic stability to return. Since Libya is one of the EBRD's countries of operations it should not let the Libyan people and entities down. It is important to engage with them and show them that their situation is being monitored closely by some form of presence even if temporarily housed in a neighbouring state. They certainly need our comfort and support.''

Top governmental officials from more than 60 countries, heads of international institutions, global decision-makers, corporate executives and staff from the EBRD are taking part in the two-day event to consider a strategy for the EBRD regions for the coming years.

The EBRD is an international financial institution that supports projects in over 30 countries, from Eastern Europe to central Asia and the southern and eastern Mediterranean. Investing primarily in private sector clients whose needs cannot be fully met by the market, the Bank promotes entrepreneurship and fosters transition towards open and democratic market economies.

Malta has been a shareholder of the EBRD since it was founded in 1991 to support the transition to market economies and democracies after the collapse of communist rule in Eastern Europe.
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
1 month ago

Oil & Gas News

Oil & Gas News
Released:  29/05/20152015-05-29
Word count:  261

OPEC will maintain its production target next week, Libya’s deputy vice prime minister said, joining Kuwait in predicting no policy change when oil ministers from the 12-member group meet in Vienna next week.

Play
Bloomberg
The output target will remain 30 million barrels a day, Mohammad Oun, Libya’s deputy vice prime minister for energy, said by phone Thursday from al-Bayda, eastern Libya. Oun will be part of Libya’s delegation to the June 5 meeting. OPEC is working on a long-term strategy draft to present next week that is likely to show projections of crude supply from non-OPEC producers are the same as those forecast in 2014, he said.

“The target number will not change,” Oun said. Libya is pumping 400,000 barrels of oil a day, state-run National Oil Corp. spokesman Mohamed Elharari said in a phone interview Thursday. That makes Libya the smallest producer in OPEC.

The Organization of Petroleum Exporting Countries will be meeting to decide on the group’s production target for the next six months amid a glut that sent prices down about 50 percent last year. Saudi Arabia, the group’s biggest exporter, led OPEC’s decision in November to maintain its output target to defend market share amid booming U.S. shale supplies.

Brent crude has climbed 7.3 percent this year with U.S. producers scaling back. It was trading at $61.50 a barrel on Thursday.

Libya joined Kuwait in predicting no change to policy after Abdulmajeed Al-Shatti, a member of Kuwait’s Supreme Petroleum Council, said on May 12 that the organization will “stick with” its present strategy. Kuwait is OPEC’s fourth biggest crude producer, according to data compiled by Bloomberg. Iran’s Oil Minister Bijan Namdar Zanganeh has only said it’s “unlikely” OPEC’s output ceiling will change, according to Mehr news agency.  
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
1 month ago

Oil & Gas News

Oil & Gas News

Libya’s National Oil Corporation Chairman to Open Libya Oil & Gas Forum in London

Play
PRWEB
This year, at the 4th New Libya Oil & Gas 2015 Forum, organised by IRN on 19-21st in London under the official patronage of the National Oil Corporation of Libya, Mustafa Sanallah will give a keynote opening speech and the key NOC affiliate companies’ and joint ventures’ Chairmen will give an overview of operations and development plans in the country.

The 3rd day of the Forum will feature two workshops, the first one on oil and gas regulations and Petroleum Law in Libya and the second one on physical security and risk management in Libya.

During his first keynote speech in front of the oil and gas community at last year’s New Libya Oil & Gas 2014 Forum, Mustafa Sanallah, Chairman of the Libyan NOC, stated that production output is his highest priority. Indeed, a major oil company operating in the country just announced that their production in Libya has now exceeded the pre-revolution levels. On 22nd May, the same company announced an offshore discovery, something that proves the enormous role that Libya plays and is destined to play in the global oil industry.

This year, at the 4th New Libya Oil & Gas 2015 Forum, organised by IRN on 19-21st in London under the official patronage of the National Oil Corporation of Libya, Mustafa Sanallah will give a keynote opening speech and the key NOC affiliate companies’ and joint ventures’ Chairmen will give an overview of operations and development plans in the country. The 3rd day of the Forum will feature two workshops, the first one on oil and gas regulations and Petroleum Law in Libya and the second one on physical security and risk management in Libya.

Amongst speakers will be the Chairman of Mellitah Oil & Gas (joint venture between ENI and NOC), the Head of Downstream Development, the Chairman of AGOCO (Arabian Gulf Oil Company), the Head of Exploration, the Head of Reserves, the Head of Planning, the Head of Cooperation, the Head of Technical Information and the Head of Marketing. The Former Chairman of the NOC Libya, Nuri Berruin will also be present at the Forum. International oil companies with long operations in the country such as the Shell will also be sharing their insights.

Last year the Forum’s 300 senior level attendee delegation included Total, OMV, Statoil, Gazprom Neft, Petrobras, Hess Corporation Libya, ExxonMobil, Sonatrach Libya (SIPEX), Crosco, Technip, BB Energy Group, British Arab Commercial Bank, Shell International Upstream, Yokogawa Middle East & Africa, Occidental Libya Oil and Gas, Petrofac International Limited, Egyptian Drilling Company and GE Oil & Gas.

More information about the Forum is available on the website: http://www.libyaoilgas.com and released bimonthly in the Forum’s newsletter to which someone can subscribe here.
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
1 month ago

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
1 month ago

News Releases

News Releases
Released:  28/05/20152015-05-28
Word count:  397

Tunis, Tunisia – 25 May 2015 – As part of UNESCO’s regional projects that promote and support freedom of expression, a three-day practical training on basic standards of reporting was organized for eighteen (18) Libyan journalists from different media backgrounds.

Play
UNSMIL
The training took place at the Centre d’Apprentissage et de Perfectionnement des Journalistes et Communicateurs (CAPJC) in Tunis from 20-22 May 2015.

The participants expressed their enthusiasm during the practical training conducted by UNESCO’s resident Media Development Expert, in which participants worked together to produce a thirty minutes “talk show” designed to expose issues of hate speech in programming.

The journalists agreed on the importance of such training, particularly in the current context. Khadija Alamami, a Libyan journalist, stated: “Practical training like this can really make a significant change for Libyan journalists, especially with the focus on the importance of establishing ethical principles in the practice of the profession, showing clearly what hate speech is, and what needs to be avoided”.

Ali Bilal, another Libyan journalist, stated that this was the first time he participated in a training of reform and development of the media. He added that the talk show production experience during training was an enriching experience for all and one that will help prevent the repetition of wrong practice.

“This workshop has really been about helping the Libyan colleagues visualize ethics in practice”, emphasized Michael Croft, UNESCO’s Representative to Libya. “UNESCO wanted to give the opportunity to a diverse group of Libyan media professionals to see how ethical issues play out in television, print, radio and online journalism and provide them with a framework based on international norms and standards so they can better navigate difficult situations and subjects. The idea is to foster a cadre of journalists who, by their actions, can set a positive example for their peers by incorporating basic professional standards in their daily work.”

This activity is implemented by the UNESCO Tripoli Project Office in partnership with the Media Development Center in Tunis, and made possible through the generous support of the Government of Sweden. It is part of the Organization’s efforts to reinforce the capacity of Libyan media to make a positive contribution to reconciliation and to promote conflict-sensitive reporting. As the agency within the United Nations system with the lead mandate to promote freedom of expression and freedom of the press, UNESCO works in cooperation with Libyan stakeholders and actors across the various UN agencies, and leading global and regional NGOs promoting press freedom and freedom of expression.

For more information please contact:

Raja’a El Abasi, Program Officer, UNESCO

r.el-abasi@unesco.org

+216 71 655 000
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
1 month ago

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
1 month ago

Oil & Gas News

Oil & Gas News
Released:  27/05/20152015-05-27
Word count:  111

Wintershall Holding GmbH is interested in picking up assets held by Occidental Petroleum Corp., or Oxy as it is more commonly called, in Libya. Occidental has been looking to gain permission from Libya’s NOC to share data on its assets.

Play
Petroleum Africa
Occidental’s Libyan fields have been producing below par for some time according to a report filed by the company with the US Securities and Exchange Commission, and the company has been trying to offload them since 2013 without much success.

Libyan officials said terms of any deal being discussed for assets owned by a JV that includes Occidental, Austria’s OMV AG and Libya’s NOC haven’t been completed.

“It could be for a stake in the assets or just some of them,” a Libyan oil official said. Other Western firms have tried to sell off stakes to their more risk-taking counterparts but NOC nixed those buys with a pre-emption.
Comments:

We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.

For further details contact us with the below information....

Contact : Mr. Petrovic Dorde Email: directmandate@gmail.com Skype ID: petrovic.dorde

Anonymous
1 month ago
Find out what contracts are on offer in Libya
Page
  • 1
  • ...
View Videos
Page
  • 1
  • ...
Share the link for
Page
  • 1
  • ...
Page
  • 1
  • ...
Page
  • 1
  • ...
View Videos
Page
  • 1
  • ...
View Videos
Page
  • 1
  • ...
View Videos
Page
  • 1
  • ...