An Open Invitation to Purchase of one (FM-200) Filling Station for Ras Lanuf

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Business News

Business News
Released:  02/05/20142014-05-02
Word count:  59

Iron and Steel Company will offer its products by documentary credit.

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Libyan investment
Iron and steel Company intends to offer its products for sale in the Libyan market through the method of the documentary credit in order to encourage local traders to promote the economy as the Libyan market is flooded with goods that are not in line with the Libyan market.

This method was used for the first time 15 years ago.
Comments:

ARE YOU AN INDIVIDUAL BUSINESSMAN OR A BUSINESS ORGANISATION THAT WISHES TO EXPAND IN BUSINESS, WHY NOT SOURCE FOR BG/SBLC FROM SORIN LASSMANN BROKERS WHO HAVE BG/SBLC SPECIFICALLY FOR LEASE AT A LEASING PRICE OF 5+2 OF FACE VALUE ISSUANCE BY HSBC LONDON/HONGKONG OR ANY 25 TOP AA RATED BANK IN EUROPE, MIDDLE EAST OR USA. WE ALSO SECURE FUNDING PROJECT LOANS FOR 3% APR

Finally I will assure you of our total commitment to achieving this transaction as I always look forward to doing more business with you in future

Contact : Mr. Sorin Lassmann Email: providermandate.ls@gmail.com Skype ID: ls.nicu

Sorin Lassmann
8 months ago

very good

Comesa ( Libya )
8 months ago

Contract News

Contract News Business News

International economic strategy consultancy, Upper Quartile, has secured the latest contract for its partnership with multidisciplinary consultancy, WYG.

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WYG
The partners have been awarded a competitive £2.5million Department for International Development (DFID) contract, to deliver the creation of jobs for 18 to 35 year olds in Libya.

Following the conflict in the country, the Arab Partnership awarded programme aims to improve the relationship between young job seekers and job centres in Libya, the SME Agency (Libya Enterprise) and 4 Chambers of Commerce throughout Libya and use this to change the abilities of this demographic to find work.

The changes needed to make this happen include working with both the private and public sector and equipping both with the necessary skilled staff, making them more accessible and improving training programmes.

Working with local Government institutions and people on the ground in Libya is the challenge for Upper Quartile and WYG, who have agreed a strategic partnership to offer pragmatic solutions to enable change and improve the quality of life of people around the world.

The Libyan contract is the latest in their partnership and will take advantage of their combined global networks and experience.

Gavin Jones of Upper Quartile said: ‘Currently, Libyan jobseekers face many challenges. Finding employment is currently largely dependent on personal connections, and jobseekers receive limited assistance from government institutions. Our role will be to ensure job centres are located in the right places and to give staff the training, motivation and equipment they need to not just register with job centres, but to reduce the gap between private companies and young job seekers.’

Gavin added: ‘Our tender for this project was successful thanks to our partnership with WYG and the unique understanding of fragile and conflict economies. Together, we understand the challenges of developing the private sector in difficult places to work, and we have performed a similar role in countries such as Rwanda, Nigeria, Iraq, Afghanistan, and across North Africa.’

Graham Olver, WYG’s Chief Operating Officer, says the contract verifies WYG’s strategy for growth in this sector. Graham commented: ‘The fragile and conflict affected states (FCAS) sector is hugely competitive, but there are few firms who can offer experience, value and expertise in tandem. Our partnership with Upper Quartile is a strategic investment to cement our position in this sector, and this contract demonstrates that it is proving a success for both parties.’

ENDS

For more information please contact Havas Worldwide on 0161 234 9763 or email wyg@havasww.com
Comments:

ARE YOU AN INDIVIDUAL BUSINESSMAN OR A BUSINESS ORGANISATION THAT WISHES TO EXPAND IN BUSINESS, WHY NOT SOURCE FOR BG/SBLC FROM SORIN LASSMANN BROKERS WHO HAVE BG/SBLC SPECIFICALLY FOR LEASE AT A LEASING PRICE OF 5+2 OF FACE VALUE ISSUANCE BY HSBC LONDON/HONGKONG OR ANY 25 TOP AA RATED BANK IN EUROPE, MIDDLE EAST OR USA. WE ALSO SECURE FUNDING PROJECT LOANS FOR 3% APR

Finally I will assure you of our total commitment to achieving this transaction as I always look forward to doing more business with you in future

Contact : Mr. Sorin Lassmann Email: providermandate.ls@gmail.com Skype ID: ls.nicu

Sorin Lassmann
8 months ago

Oil & Gas News

Oil & Gas News
Released:  01/05/20142014-05-01
Word count:  85

LONDON, April 30 (Reuters) - Libya's Zueitina oil port will load its first tanker of crude on May 1-3 since reopening after being closed for nearly 10 months due to protests, trading and shipping sources said.

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Reuters
The sources said that Austria's OMV had chartered the Ottoman Tenacity to load at Zueitina May 1-3. One added that the company would load two grades, Abu Attifel and Zueitina.

Tamoil is in the process of chartered a second tanker to load around May 8-10, trading sources said.

State National Oil Corp lifted force majeure on the port on April 28 following a recent deal with federalist protesters to reopen the smallest two of four blocked eastern ports. (Reporting by Julia Payne; editing by Jason Neely)
Comments:

ARE YOU AN INDIVIDUAL BUSINESSMAN OR A BUSINESS ORGANISATION THAT WISHES TO EXPAND IN BUSINESS, WHY NOT SOURCE FOR BG/SBLC FROM SORIN LASSMANN BROKERS WHO HAVE BG/SBLC SPECIFICALLY FOR LEASE AT A LEASING PRICE OF 5+2 OF FACE VALUE ISSUANCE BY HSBC LONDON/HONGKONG OR ANY 25 TOP AA RATED BANK IN EUROPE, MIDDLE EAST OR USA. WE ALSO SECURE FUNDING PROJECT LOANS FOR 3% APR

Finally I will assure you of our total commitment to achieving this transaction as I always look forward to doing more business with you in future

Contact : Mr. Sorin Lassmann Email: providermandate.ls@gmail.com Skype ID: ls.nicu

Sorin Lassmann
8 months ago

Business News

Business News
Released:  30/04/20142014-04-30
Word count:  772

Announces an invitation to participate in Prequalification for Tender No (05/2014) for companies and contractors who have the required legal and valid licenses and relevant proven experience

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NOC
Harouge Oil Operation,  is joint operating company on behalf of National Oil Operation Libya and Suncor Oil (North Africa) GMBH , Announces an invitation to participate in Prequalification for Tender No (05/2014) for companies and contractors who have the required legal and valid licenses and relevant proven experience. 
Brief description of the project:
1.         Location of the Work: Ghani , Zenad , Facha and Tagriffet stations. 
 
2.         Description of the Work
the scope of work of this ITT document is to engineering , supply equipment, manpower and construction for Ghani Zenad station esd system upgrade and HTD burner management and Ghani , Zenad Facha and Tagriffet instrumentation upgrade
Any party has background , capability and available manpower and equipment to perform work and would like to participate in the above mentioned prequalification processes for HOO is requested to provide all the required information and documents as listed below:    
1.         Name of contractor or company and its normal type of activity, In addition all legal documents as following:
•           Valid license compatible with the required work.
•           Commercial Registration
•           Certificate of Registration in Chamber of Commerce.
•           Payment of tax certificate
•           Article of association.
2.         Organization Chart along with CVs for the professional and technical manpower with min. 10 years + experience and also lists of available plant and equipment.
3.         List of similar works completed within the last 3 years specific in the work program,  Include the following information:
a.         Project Title
b.         Work location
c.          Client name, address, phone/fax/email contact reference
d.         Brief description of the works
e.         Start/completion dates
f.          Approx. value of work (US$ equiv.
4.         Number of professional employees, engineers, technicians and support discipline employed for the service i.e. for this EPC provide a statement of in-house engineering capability and which portions or disciplines are covered by external specialists.
5.         CV’s of board of management.
6.         Copy of QA/QC manual along with implementation forms, checklists & certificates        applicable to QA/QC Management system.
7.         Copy of HSE manual along with implementation forms checklists & certificates.
8.         Details of local Libyan/Foreign partnering available agents and in-country licenses and registration
9.         A work backlog curve for the next two years.
10.        What are the key challenges in managing an EPC project In Libya and how do you mitigate these challenges.
11.        Copy of financial statement audited by charted accountants for last 3 years. Or internal financial statement if the company is established for less than one year.
12.        Provide address, Emails and Phone numbers for main and branch office.
 
Your prequalification file should be subdivided into sections and covered with an index as listed above.
The above information and supporting documents must be delivered between (09:30) AM and (12:00) noon starting from Monday 19/05/2014 to Wednesday 21/05/2014 to The Office of the Secretary of the Tender Committee 6th Floor HOO main Office, Janat alareef Street – Tripoli/Libya
Notes:
1.         Each point carries an evaluation weighting any answer or statement given must be evidenced by attachment within the submission. failure to do so could result in failure to become qualified to subsequently receive the ITT package.
2.         This invitation does not mean an obligation for HOO to invite company or contractor to tender or for the said company or contractor to participate in this project.
3.         Any company or contractor interested in participating in this prequalification is responsible for all costs involved.
4.         All communications must be via a person authorized to deal with the subject prequalification.
5.         Incomplete files or non specialized licenses shall not be considered.
If you have any questions please contact the Tender Committee via fax no. +218 21 3330090 or via Email to : 
sac@harouge.com      
  tender.sec-committee@harouge.com                  
Comments:

News Releases

News Releases
Released:  30/04/20142014-04-30
Word count:  486

This ‘first time ever’ event will be attended by a number of the most senior figures in Libya including Government Ministers and Deputy Ministers, academic Chancellors and Deans, leading scholars, and expertise from Oil and Gas companies. There will be also speeches from Libyan scholars within UK universities who have been recipients of HM The Queen’s awards.

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Al hambraus chamber, libyaed.com


From engaging keynote speakers from both sides (Libya and UK), panel discussions, one-to-one sessions, poster exhibition for Libyan PhD students and researchers, to interactive workshops with first-hand accounts from Libyan professors and students who are currently working and studying in the UK, the forum provides a dynamic hub for UK education professionals to meet, discuss, inspire and form partnerships with decision makers and key leaders in Libyan education
Why attend
Our mission is to provide a platform to create innovative partnerships and lasting alliances between the academic communities of Libya and the UK. Our focus is to continue to bring together those committed to advancing the provision and excellence of education worldwide.
With commitment and endorsement from the policymakers of Libya and UK based education leading figures, universities and training centres, we aim to open discussion, identify opportunities and support the Libyan Ministry of Education in their path to education excellence, growth and development. The following are the main objectives of the Forum:

  • Ministerial presence from the Ministry of Higher Education, Libya.
  • Enabling the elite academic community of Libya to meet with their counterparts from the UK in order to discuss and develop the best models for partnerships at different levels, including training programmes, internships, the issuance of joint qualifications, co-supervision of PhD students, and student exchange.
  • Developing agreements with research and training centres and universities in the UK for the training of Libyan doctors, dentists, pharmacists and medical laboratory technicians.
  • Developing agreements with Training and Development centres in the UK for the training of Libyan engineers and technicians in various fields.
  • Developing agreements with English language schools and colleges in the UK to establish English language teaching and training centres in Libya to mimic those centres accredited in the UK, where English language tutors from Libya and the UK can work on collaboration to provide high quality teaching to Libyan students who wish to further their education in the UK.
  • Promoting Arabic through the provision of places in Libyan universities for last year UK Arabic language students.
  • Meeting up with the points of contact at the universities and colleges in the UK to discuss and resolve academic issues faced by the Libyan students during their studies, and to agree on agenda for collaborative work between Universities/Colleges and the Libyan Cultural Attachee.
  • Enhancing the relationship between the Libyan Cultural Attachee and the UK universities as well as expanding the number of UK English Language schools which we are dealing with and who meet the requirements set by the Libyan Cultural Attachee for good quality teaching and training, to accommodate the needs of the increasing number of Libyan sponsored students.
  • Exploring new proposals of foundation programmes, masters, and PhDs offered by UK universities and colleges.

Comments:

Business News

Business News
Released:  30/04/20142014-04-30
Word count:  94

Rabat - Morocco and Libya signed, on Thursday in Rabat, a cooperation agreement on sea transportation and ports to reinforce means and ways of coordination between the two countries and offer facilities to develop bilateral economic and trade relations.

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Morocco world news
The agreement, signed by Moroccan Minister of Equipment, Transportation and Logistics Aziz Rabbah and Libyan Minister of Telecommunications Abdelkader Mohamed Ahmed, seeks to foster bilateral cooperation on capacity building of executives in the maritime sector, share information and promote coordination on ships security and port infrastructure.

Rabbah said in a statement to the press that the signing of this agreement gave concrete substance to the cooperation in force between the two countries, adding that his department aims to give scientific, technical and sectoral impetus to the historical and geographical ties between the two countries.  
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Oil & Gas News

Oil & Gas News
Released:  30/04/20142014-04-30
Word count:  203

TRIPOLI, April 29 (Reuters) - A second tanker has berthed at Libya's eastern Hariga port to load oil from its storage tanks since it reopened under a deal between the government and protesters, an oil official said on Tuesday.

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Reuters
The port, located in Tobruk near the border with Egypt, is one of four export terminals to restart work as part of the agreement to end the blockade.

"Hariqa port received today the second shipment and the loading process of 850,000 barrels will start within hours and will finish tomorrow," port terminal manager Rajab Abdulrasoul told Reuters. A first tanker had loaded around 900,000 barrels. State-run National Oil Corp (NOC) on Monday lifted force majeure, a contractual waiver, on the port of Zueitina. It is unclear when the first tanker will arrive there.

The larger ports of Ras Lanuf and Es Sider were also meant to reopen within four weeks, but there have been delays as the rebels have accused the government of failing to honour all parts of the deal, including paying financial compensation.

Under the agreement, the rebels will be reintegrated into the state oil security force, from which they defected last summer when they occupied the ports to press for a share of oil export revenue.

Diplomats expect both sides to implement the deal eventually, because Libya badly needs the oil revenue, but tactical manoeuvres and mutual mistrust are likely to cause further delays.

(Reporting by Ahmed Elumami, editing by William Hardy)
Comments:

Oil & Gas News

Oil & Gas News Business News
Released:  29/04/20142014-04-29
Word count:  287

Libya opened the way for oil exports to resume from the eastern port of Zueitina by revoking a legal clause known as force majeure after rebels returned the terminal to government control earlier this month.

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Bloomberg
The 70,000 barrel-a-day facility is ready to receive tankers for loading, Mohamed Elharari, spokesman of state-run National Oil Corp., said today in a text message. An agreement reached on April 6 provided for the rebels to hand over control of Zueitina and Hariga, two of the four ports they seized in July, in return for an official amnesty and salary payments claimed by defectors from Libya’s Petroleum Facilities Guard.

“It seems the government has been making a renewed effort for progress,” Richard Mallinson, an analyst at Energy Aspects Ltd. in London, said by e-mail. “It still seems to be a complicated situation on the ground, and the market will want to see a cargo load to really confirm the terminal is operational again.”

The North African nation’s difficulty in exporting crude has contributed to support for North Sea Brent, a benchmark for half the world’s crude including Libya’s Es Sider grade, amid rising supply from Iraq and Iran. Libya, with Africa’s largest crude reserves, is struggling to restore output to the 1.6 million barrels a day it pumped prior to the February 2011 uprising that toppled former leader Muammar Qaddafi.

Force majeure excuses a supplier from meeting its delivery commitments because of events beyond its control.

Brent crude futures erased gains following the NOC’s removal of the condition. Brent had advanced as much as 62 cents to $110.20 a barrel earlier today, and subsequently slipped to trade 39 cents lower at $109.19 as of 2:34 p.m. London time.

To contact the reporters on this story: Grant Smith in London at gsmith52@bloomberg.net; Saleh Sarrar in Dubai at ssarar@bloomberg.net

To contact the editors responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net Bruce Stanley, Claudia Carpenter
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Oil & Gas News

Oil & Gas News
Released:  29/04/20142014-04-29
Word count:  30

NOC declares lifting of Force Majeure situation in Zuetina Oil Harbor

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NOC
Due to the improvement of the circumstances which may enable the starting of oil loading operations , NOC declares lifting of Force Majeure situation in Zuetina Oil Harbor as of today 28/04/2014
Comments:

Hello SIR/MAA

We arrange Following Bank Instruments Letter of Credit ( LC) From Various Banks in Singapore / HongKong / Europe /USA Used For Import / Export Business and Trade Finance . 90/180DAYS Bank Guarantee ( BG ) Fresh Cut Slightly Seasoned Seasoned Stand By Letter of Credit ( SBLC ) 90DAYS / 180/ 365DAYS,All relevant business information will be provided upon request.If you are interested contact us immediately by Email

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Mobarak
8 months ago

Business News

Business News
Released:  28/04/20142014-04-28
Word count:  1336

The construction of a national railway has been a goal of the Libyan Government since the closure of the old railway in 1965. Since 1998, the Libyan Government has been planning for a 3170 km 1,435 mm (4 ft 8 1⁄2 in) standard gauge network.

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Clyde co

The network is to stretch along the length of Libya's Mediterranean coast from Tunisia to Egypt, extending from the western city of Ras Jdeir (at the Libyan Tunisian border) to Imsaid in the west (at the Libyan Egyptian border) with a total coastal length of 2178 km. The network would extend southwards to a length of 992 km.

As a firm commitment towards the implementation of the railway project, the Libyan Railroads Execution and Management Board (LREMB) was created by law No. 14 of 2003 to oversee and implement the railway projects in Libya.

The railway network is to cover:

  • Ras Jdeir - Tripoli
  • Tripoli - Sirte
  • Sirte - Benghazi
  • Benghazi - Imsaid
  • Al Heesha - Sabha

Network specifications

Total length of the network        3170 km   

Ras Jdeir - Sirte

650 km

Al Heesha - Sabha

810 km

Sirte - Benghazi

554 km

Benghazi - Imsaid

 700 km
Number of stations 75
Number of tunnels 168
Number of culverts 2312
Earthworks 161 million cubic metres
Number of trains 244
Number of vehicles 8642
Speed

250 km / coastal line

160 km / southern line

 

In addition to the national railway project, the government has also planned for the building of the Tripoli Metro. Decree 121 of 2006 gave the LREMB the task of implementing the Tripoli Metro. According to the LREMB, the Tripoli Metro to be constructed would have the following specifications:

Total length of the network 101 km                           
Total number of stations 76
Capacity (per day) 600,000 passengers
Average speed 40 km / hour
Average distance between each station 1.00 km
Average distance between the stations within the city 0.50 km
Average travel time between stations 2.50 minutes
Number of vehicles 326

 

In 2008, the Libyan government, the Russian Railways (RZD) and the China Railway Construction Corporation (CRCC) reached a USD 12 billion dollar deal to construct the national railway. RZD was commissioned as a secondary main contractor, receiving approximately one third of the project and tasked with the laying of 554 kilometres of track from Sirte to Benghazi. The contract with RZD was worth USD 4.5 billion and was signed on 17 April 2008. CRCC was awarded the remaining contracts, and was tasked with building an 800 kilometres line from Sebha to Misurata, a 352 kilometre line between al Khums and Sirte, and then in 2009 was awarded a further contract for building a 172 kilometre track from Tripoli to Ras Jdeir.

Work had commenced by both the CRCC and the RZD on their respective contracts before the 2011 revolution. However, no work has taken place since the revolution. Before the project was stopped, RZD had built 100 km of the roadway and 30km of the railroad. CRCC had formally started work on building of the 453 km line between Tripoli and Sirte in November 2008.

In a firm indication that the national rail network would still go ahead, the General National Congress in early 2013 commissioned the Communications and Transportation Committee to appoint a new president and vice-president for the new railways implementation project. On 7 January 2013, GNC's decision No 122 of 2013 was issued which named Dr Ali Abd Alraheem Mousa Aisheida as president, and Mr Adel Mohammed Aljameel was appointed as a deputy president of the LREMB. Another indication of resumption of the project was given by the then Transport Minister, Abd Al Gadir Mohammed Ahmed, who stated in early 2013 that the national railway project was presented to the Cabinet of Ministers who voted in consensus on the resumption of the project. A budget of LD 300 million was allocated to LREMB. Negotiations between the Libyan side and CRCC and RZD commenced shortly after.

On the 26th June 2013, an MOU was signed in Libya between LREMB and CRCC for the re-activation of the three contracts signed between the two parties. No indication has been given as to whether the terms of the contract have been amended or whether CRCC would receive compensation for any losses incurred during the revolution.

Although a Russian delegation visited Libya a few times since February 2013 to discuss the reactivation of the RZD contract, the LREMB has still not commented on whether the contract with RZD would be reactivated. However in January of this year, Ansaldo STS returned EUR 41 million of the EUR 71 million advance payments made by RZD for a EUR 202 million subcontract to provide signalling for the Surt-Benghazi line. This may be an indication that RZD has still not reached an agreement with LREMB for the re-activation of their contract.

Force Majeure clauses were activated when construction was stopped due to the 2011 revolution.  As the application of Libyan law is almost systematically asserted in international contracts to which Libyan entities are parties, Libyan law will apply to determine whether RZD's contract with LREMB can be terminated due to the application of force majeure, thus releasing the parties from their contractual obligations and liability for non-performance. Whether the parties can invoke force majeure will depend very much on the terms of the contract.

If the contract is not re-activated, an alternative railway scheme nominated by the Libyan government is to use the USD 5 billion compensation deal for the Italian colonisation of Libya for the building of the railway network with a new contractor.

Whether the RZD contract is re-activated or not, the efficient completion of the Libyan rail network is paramount and can be an important vehicle for economic growth and development of the country. It will link production sites to regional and international markets, promote the national and cross-border integration of regions, facilitate access to the labour market, education and health services, and alleviate the heavy traffic on the roads of Tripoli.

If new contracts are to be signed for the railway network, Libya should carefully consider whether it would be a good approach to allow the private sector to participate in the financing, construction and operation of the railway infrastructure. PPPs can open up possibilities to build and operate efficient rail systems.

However, PPPs particularly for urban railway projects do not have a very long track record. International experience with this model in the urban transport sector is still limited and no urban rail PPP has yet to run its full concession period. Careful planning is of utmost importance for a PPP project in the railway sector to succeed.

The Libyan Government has undoubtedly considered the prospect of involving the private sector in the rail sector. The then Minister of Transport, Abd Alqader Moahmmed Ahmed said in a statement in March 2013, that if the Libyan Railways Network and the Tripoli Metro had been implemented, they would have taken up the entire development budget for that year, suggesting the only way forward is by getting the local and international private sectors involved. It is clear that new solutions need to be drawn up in order to ensure Libya can successfully complete these projects.

Comments:

Construction News

Construction News Contract News Business News
Released:  28/04/20142014-04-28
Word count:  701

Designing the new Central Bank of Libya headquarters is the latest competition win for Henning Larsen Architects.

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Bustler
From the invited international competition, Henning Larsen's proposal for the significant national institution symbolizes the timely concept of Libya's direction toward economic stability and independence.

Project description:

"By using and re-interpreting specifics of the Libyan nature and culture the new headquarter of the Central Bank of Libya will be a symbol of the new Libya both for the local as well as the global community. We believe that the Central Bank of Libya must project an image of authority, solidity and security. At the same time, the Central Bank of Libya plays a crucial role in Libya’s economic growth, and as such, it should project a forward thinking, dynamic attitude, that grasps opportunities."

"Design concept:

The design of the Central Bank of Libya is inspired by Libyan vernacular architecture in terms of sustainable solutions and cultural relevance. Two existing excavations will be used in a similar way that the Berber troglodyte houses were once built. The “pit houses” exploit the stable earth temperature (ca. 18 degrees) and provide shade and ventilation via the atrium, as well as function as water collectors. For the Central Bank of Libya, the larger excavation becomes the social hub of the compound, a shaded oasis not only for the bank and its public activity (operations, education center, restaurant, hotel) but also for the Gurji district. The smaller excavation provides vehicle access to the treasuries."

"The flowing facade of the building expresses the dynamism of the Libyan economy, by expressing the ever changing surface of the desert. The clear shape of the building and its rationalized structure allows for multiple organizations of the plan. The building features 4 cores, one at each corner, which give the structure the necessary rigidity. The plan can therefore divided in 4 modules each with its own service core, which can be combinned easily in larger office groups. In order to create a building that is well rooted in its culture, one must pay particular attention to the landscape and plantation strategy that will surround it."

"The planting strategy for the Central Bank of Libya incorporates building plants such as the palm tree, the tahara, the oleander and the branbakh, as well as others that are climatically relevant. The design for the new Central Bank of Libya is structurally optimized to deliver both robustness and expression. The generally rational grid is the rule, whereas raking column system is used to create the atrium shape. The facade waves are appropriately allocated next to stability cores for increased facade stability."

"Sustainability: The vision has been to design a high quality, flexible, efficient, low-energy and functional facility with a focus on achieving an optimal w0rking environment for the staff of the Central Bank of Libya, visitors and other occupants. With the sun being high and strong all year round, it has been pivotal to incorporate daylight as a parameter for design. At the façade, a horizontal shading system shelters the buildings from excessive solar radiation. The slightly angled atrium lets the sunlight through creating a natural lighting and at the same time prevents overheating in the building. The atrium also creates a cave-like sense of togetherness for the people inside the building.

The key to aesthetic, comfortable and energy-efficient buildings is found in the interaction between architecture and technology. At Henning Larsen Architects, we have made the concept of sustainability tangible by focusing on energy reduction as the primary strategy. We have done this with a belief that focusing on energy can create quality all the way round. The specific gear wheels, agents, have been developed with the objective of creating value for all three aspects of sustainability, that is, economically, socially and environmentally."

Bird's-eye view. Image courtesy of Henning Larsen Architects Click above image to view slideshow Bird's-eye view. Image courtesy of Henning Larsen Architects

Project credits:

Central Bank of Libya, Tripoli, Libya Client: Central Bank of Libya Architect: Henning Larsen Architects Landscape Architect: Henning Larsen Architects Space Planning: Henning Larsen Architects Type of Competition: Invited international competition Gross floor area: 50,000 m2 Team from Henning Larsen Architects: Jacob Kurek (Responsible Partner), Kostas Poulopoulos (Lead Designer), Ewa Bryzek, Minky Mo Simonis, Carmen Sanz Marti Renders: Christian Schjøll, Kyd Kitchaya, Peter Ravnborg Sustainability: Erik Holm-Hanssona  
Comments:

I have a provider who is ready, willing and able of delivering banking instruments (BG/SBLC) for lease which can be used in all forms of projects. Our bank instrument can be used as collateral to seek for loans from different banks of choice and can be used to engage into ppp trading.

For contacting purpose:

Contact : Mr. Sorin Lassmann Email: providermandate.ls@gmail.com Skype ID: ls.nicu

Sorin Lassmann
8 months ago

News Releases

News Releases
Released:  25/04/20142014-04-25
Word count:  272

Embassy of India, Tripoli is making efforts to revive and re-launch the Libya India Friendship Association (LIFA) accredited by the Government of State of Libya that was functional up until the democratic revolution of February 2011 began in Libya.

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Indian embassy
Towards realizing this end that would help lay a strong foundation of people to people relations between the two friendly countries Embassy of India, Tripoli seeks your kind support and cooperation.

LIFA would help further a better understanding of Libya and India at the popular level by being the rallying point for all friends of Libya and India through a range of activities like:

Organizing of social events for children and families, workshops, seminars, cultural events, exhibitions, health camps, screening of bollywood movies, local tours in Libya and to India etc. Social work in close collaboration with Libyan civil society/NGOs Disseminate information relating to Indian scholarships and recommend cases Celebration of festivals/important days and much more

In the long run LIFA would be given an institutional embodiment in the form of a Community Center to become a visible symbol of Libya-India friendship. The said Community Centre would give a fillip and lay strong underpinnings to the work of LIFA by becoming the venue of the afore-mentioned activities and more. The size, shape, dynamism and vibrancy of such a Community Center would undeniably depend on tangible voluntary contributions of LIFA members.

It is planned to formally launch LIFA by holding its first meeting (with at least 50 members) sometime towards the middle of May 2014. It is thus requested that friends of Libya and India please convey their willingness to be associated with the proposed LIFA, by sending in duly filled membership form, to the Embassy of India at the earliest.

For membership form: Click here http://indianembassy.ly/Portals/0/Membership%20form.pdf
Comments:

I have a provider who is ready, willing and able of delivering banking instruments (BG/SBLC) for lease which can be used in all forms of projects. Our bank instrument can be used as collateral to seek for loans from different banks of choice and can be used to engage into ppp trading.

For contacting purpose:

Contact : Mr. Sorin Lassmann Email: providermandate.ls@gmail.com Skype ID: ls.nicu

Sorin Lassmann
8 months ago

Business News

Business News
Released:  25/04/20142014-04-25
Word count:  70

The Libyan government has established a commission to monitor and help recover the public funds looted and stashed abroad, according to a statement on the government's official website.

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African manager
The statement said the decision to set up the commission was taken during a meeting of the Council of Ministers held Wednesday in Tripoli, the capital city, to examine security issues in certain regions hit by violence.

Since the fall of the regime of Mouammar Kahadafi in 2011, the Libyan authorities have started recovering part of the estimated US$200 billion in public funds stolen and stashed abroad by the ousted leader.  
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Sorin Lassmann
8 months ago

News Releases

News Releases
Released:  24/04/20142014-04-24
Word count:  267

A regional inter-state meeting was held in Cairo last week in order to advance cooperation among Egypt, Tunisia and Libya in addressing the challenges and opportunities of migration governance.

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ENPI- EU Neighbourhood Info
The meeting was held by the International Organization for Migration within the scope of its ongoing EU-funded project on “Stabilizing at-risk communities and enhancing migration management to enable smooth transitions in Egypt, Tunisia and Libya” (START). The two-day interstate meeting, which took place at the Ministry of Manpower and Emigration, was hosted by the Egyptian Minister of Manpower and Emigration (MoME), Dr. Nahed Hassan Ashry, and was attended by delegations of high-ranking officials from Libya, Tunisia and Egypt. The main objective of START is to support the governments of Egypt, Tunisia and Libya to stabilize at-risk communities and enhance migration management – helping to establish preconditions to smooth transition processes and sustainable recoveries in the three target countries. IOM works in cooperation with government counterparts to deliver activities aimed at alleviating economic pressures on at-risk-communities throughout Egypt, Libya and Tunisia by strengthening migration management, providing support services to migrants and by enhancing the capacities of relevant government bodies to further enable them to anticipate and address emerging migration trends. The two-day interstate meeting was the first of a series of multilateral dialogues to be carried out within the scope of the START programme. The first session aimed to advance dialogue on common challenges of migration governance facing each of the countries across the region as well as to enhance cooperation among Libya, Tunisia and Egypt in developing complementary strategies and actions to address such challenges. START is a three-year programme that has received €9.9 million of funding from the EU and is being implemented by IOM in cooperation with the Governments of Egypt, Tunisia and Libya. (EU Neighbourhood Info
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Sorin Lassmann
8 months ago

News Releases

News Releases
Released:  24/04/20142014-04-24
Word count:  397

A new scheme has been launched to provide grants to Libyan media to help them strengthen their management capacity and improve their output.

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Iwpr
The Libyan Content Development Fund (LCDF) is being run by IWPR as part of a partnership with the German media development organisation Deutsche Welle Akademie, funded by the European Union.

Speaking at a March 29 launch event for the LCDF project, the European Union’s envoy to Libya, Natalia Apostolova, described the project as “a milestone on the way towards building and developing a media that goes in line with [existing] efforts toward democracy in Libya”.

Addressing the event in Tripoli, Deutsche Welle Akademie director Christian Gramsch, said, “We and our partners have assessed the needs and put together a long-term strategy for serious ongoing work to reinforce the media sector in Libya.” In a competitive awards process, the LCDF will provide funding to media for a variety of projects, including content production, staff training and editorial management reform.

• Grants of between 5,250 and 37,500 euro will be awarded to media outlets.

• Applications to the fund will be approved by a selection committee consisting of Libyan and international media experts.

• Libyan media outlets will conceptualise and produce high-quality content focusing on issues relating to political transition, democracy, good governance, gender and minority rights, and inclusion in the political process.

• LCDF will provide editorial and administrative oversight for successful projects.

"Democracy can never be rooted in Libya unless [it is done] with the presence of a professional media sector that is aware of its responsibilities … and contributes to the transfer of Libya from a dictatorship to an era where rights and freedoms are respected,” Lamia Abusedra, Libya’s deputy information minister, said at the launch event for the LCDF project held in Tripoli on March 29.

“A free, professional, and unbiased media is crucial to developing Libya,” said IWPR Libya Country Director Seth Meixner, adding that LCDF would allow participating media to “design and create content which will raise the capacity and professionalism for the sector as a whole”.

LCDF Project Manager Nabil Khoury says any Libyan media outlet or entity is eligible for grant funding. “The fund will respect the balance between state-owned and private institutions, as well diversity of geography and specialisation,” he added.

The application process will be set out on a website which is due to be launched shortly.

Enquiries and letters of intent can be sent to the LCDF team at khoury@iwpr.net.

For further information contact Duncan Furey, International Partnerships Director at duncan@iwpr.net.  
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8 months ago

Business News

Business News

RWE Dea AG, headquartered in Hamburg/Germany, conducts international exploration for hydrocarbons. The company deploys state-of-the-art drilling and production techniques and utilizes the vast expertise acquired over more than 110 years of its corporate history.

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NOC

It has also set standards in terms of safety and environmental protection.

RWE Dea operates production facilities in Germany, the United Kingdom, Norway, Denmark and Egypt, and holds exploration licenses in Algeria, Libya, Poland, Trinidad Tobago and Turkmenistan.
In Libya, one of the key regions of RWE Dea’s upstream business, the company operates the concessions NC193 and NC195, located in Sirt Basin. In these concessions four (4) Exploration wells and two (2) optional appraisal wells  are planned to be drilled Q4 /2014 & 2015.
 
Pre-qualification Announcement for provision of Cementing and Stimulation Equipment Services  
RWE Dea North Africa /Middle East GmbH Libya Branch (Company) intends to issue the tender described below and wish to invite for pre-qualification, interested, experienced and reputable companies (contractor) specialized in providing Cementing and Stimulation Equipment Services.
 
SCOPE OF WORK SUMMARY:
Provision of "Cementing and Stimulation Services" for the drilling of four (4 ) vertical exploration wells & 2 optional wells in NC193 & NC195 “Sirt basin” in Q4/ 2014 and 2015:                                                                                                                       Two (2) wells in NC193 (TD= ± 8000 ft ) & (TD= ± 9000 ft )
Two (2) wells in NC195 (TD= ± 6000 ft ) & (TD= ± 7000 ft )
Cementing, CTU, N2 and Stimulation Services shall include but not be limited to the following:
1.     • Supply of Goods (Cement, Additives, Nitrogen, Acids products and materials on consignment basis) at the Work Site.
 
2.     • Provision of Service Personnel at Work Site (Call-out and exclusive basis, at Company’s option)
 
3.     • Provision of Rental equipment/tools (Call-out and exclusive basis) at the Work Site
 
4.     • Provision of actual cementing services (mixing, pumping and pressure testing etc.) and actual CTU, N2 & Stimulation and Services at Work Site.
 
5.     • Provision of Technical support including but not limited to preparation of detailed cement programs for each well and final cement report upon completion of each well, testing of the cement formulation and chemical additives using Contractor’s laboratory facilities at Contractor’s base.
Latest spud date for fourth d well is 31 December, 2015
 
WORK LOCATION
Concessions NC193 /NC195 Sirt Basin, Libya
QUALIFICATION DOCUMENTS
Interested companies are required to obtain the pre-qualification package from RWE Dea Procurement Department located in:
15/A Barcelona Street
Hai Andalus
Tripoli, Libya
Tel.: +218-21-4775500
 
 
Deadline for collecting pre-qualification package is on Sunday 29/04/2014 (15:00PM)
 
Deadline for submission of filled out questionnaire is on Sunday 06/05/2014 (15:00PM)
 
 
 
 
 
 
 
IMPORTANT NOTES
6.     The pre-qualification request is not an invitation to tender. Company is neither committed nor obliged to undertake the work described above or to issue any call for tender or to include any respondent to this invitation or other company on any Bidders List or to award any form of contract.
7.     The Invitation to Tender (ITT) and full ITT Package will only be issued to qualified companies that have been successfully pre-qualified.
8.     Company will not be responsible, whatsoever, for costs incurred in the preparation and submission of the response to this notice.
9.     Company is not obliged to give any justifications or reasons behind disqualifying any of the participants after evaluation of the pre-qualification.
10.  Company shall deal only with authorized officers of the bidding companies and not through individuals or agents.
11.  For any clarification or inquiry, please email to: Tender_Exp_Drl_NC_193_195@rwedea.com
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Sorin Lassmann
8 months ago

Oil & Gas News

Oil & Gas News
Released:  23/04/20142014-04-23
Word count:  187

The Libyan National Oil Company (NOC) is poised to resume crude oil export with a cargo of one million barrels, after more than eight months of interruption due to the blockade of the main oil terminals in the eastern part of the country.

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African manager
An Italian oil tanker docked Tuesday night at the oil port of al- Harriga to load a cargo of one million barrels of crude oil, Salah al-Manfi, Acting Director of the Arabian Golf Oil Company (AGOCO), a subsidiary of the NOC, announced Wednesday.

The development followed the lifting of the blockade of oil terminals a few days earlier, Mr al- Manfi said in a statement published on the AGOCO website.

The resumption of oil export comes less than a week after the decision of the NOC to lift the force majeure on the oil port of al- Harriga, after it came under the control of the state, as well as the port of Zueitina, after an agreement with the armed groups that controlled it since July 2013.

Oil terminals in Zueitina and al-Harriga, controlled for several months by armed groups in conflict with government, were reopened on 6 April after an agreement.

The lifting of the blockade of the other two ports, al-Sedera and Ras Lanuf, is expected in two weeks.

The new lease of life at the oil terminals will raise Libya's oil export to 1.5 million b/d.  
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Sorin Lassmann
8 months ago

Business News

Business News
Released:  22/04/20142014-04-22
Word count:  723

The Libyan Investment Authority plans to outsource its investment management, expand in London and implement international standards of governance, as it seeks to move beyond allegations of past mismanagement, cronyism and failed investments.

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Gulf news
“LIA will no longer manage investments as it did in the past — we will manage external managers”, Abdulmagid Breish, the chairman of the Libyan Investment Authority told the Financial Times in an interview today.

As part of its restructuring plans, the LIA wants to expand its operations in London, where is already owns a valuable commercial property portfolio. “[London] will be a centre of excellence where a lot of the analytics, a lot of the research and the management of external managers will be handled,” Breish said.

“We will have to prepare our risk profile and allocation,” he added. “Once that is done, we will identify which best in class fund managers will be suitable”. Breish, a former banker at Arab Banking Corporation, took over the reins of the ailing Libyan sovereign wealth fund last year and continued previous efforts to restructure what was previously one of the world’s most opaque state investment vehicles. After the fall of the Gaddafi regime nearly three years ago, the LIA began to take stock of its portfolio of holdings. According to a recent valuation by Deloitte cited by Breish, the LIA is now worth $66 billion. It still owns some 550 companies and direct investments in North Africa, the Middle East and Europe — some of which it intends to wind up.

Most of LIA’s assets remain frozen. Nonetheless, Breish says, the LIA is already being courted by international financial organisations looking to pitch their business. “We’ve had many different financial institutions pitching for the past three months,” he said. “We’ve been telling them we’re not ready, we’re building restructuring and enhancing our capabilities and when we’re ready we can engage.” The LIA also plans to establish a “future generations fund”, to be replenished through oil income, and a “budget stabilisation fund”, from which the Libyan government could borrow if it has a budget deficit. This overhaul of investment strategy and governance is being carried in tandem with a quest to recover some of the massive losses the LIA suffered on investments with some of the world’s biggest banks, before the Libyan revolution. After its inception in 2006, the LIA sought investment opportunities for Libya’s oil wealth. By 2010, it had built a cash-heavy portfolio, which also featured equity stakes in companies such as Italy’s UniCredit bank and Pearson, owner of the Financial Times, in which it still has a 2.98 per cent shareholding. However, the fund also entered into a series of risky derivative transactions which led to billion-dollar losses, some of which the LIA is now looking to recover through the courts. In January this year, the LIA sued Goldman Sachs over derivative trades in excess of $1 billion. In March it filed a $1.5 billion claim against Societe Generale accusing the French bank of helping to funnel bribes worth tens of millions of dollars to close associates of Saif Al-Islam, the son of former Libyan leader Muammar Gaddafi.

Both banks deny the claims made against them, and Goldman Sachs has applied for summary judgement on its case. In addition, the LIA is considering taking action to recover $700m it invested in Netherlands-based Palladyne International Asset Management and to investigate several other smaller transactions.

Palladyne International Asset management, which is led by Ismael Abudher, the son-in-law of Libya’s former oil minister, is accused in a separate lawsuit filed by a previous employee in the United Staes of serving as a “kickback and money laundering operation” for the former Libyan regime.

Palladyne could not be reached for comment, but had previously referred to the allegations as ‘untrue and ludicrous’. Steering the LIA in post-Gaddafi years has not been plain sailing. “We were starting form zero” Breish said. “ The LIA was an institution that’s been left to rot”.

Breisch’s predecessor, Mohsen Derregia, was ousted in February last year, and blamed interference from well-connected individuals and entrenched interests for his dismissal.

“I am not inhibited by pressure by any party,” Breish said. “This does not mean that there isn’t pressure. You see this coming from certain quarters who are anxious about their future or are anxious about uncovering certain things that may pertain to them.” However, he remains positive for the future of the LIA. “I will put into LIA whatever is best practice and what international sovereign wealth funds do  
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Mobarak
8 months ago

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8 months ago

News Releases

News Releases
Released:  22/04/20142014-04-22
Word count:  25

Libyan Airlines launched on last Thursday the first flight between the International Airports of Alabroq and Istanbul.

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Libyan investment
The new air route between the airports will be one trip per week.

The first flight departed towards Istanbul with one hundred passengers on board.
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8 months ago

Business News

Business News
Released:  21/04/20142014-04-21
Word count:  125

Amman, April 19 (Petra)--Director General of the Libyan Foreign Bank Mohamed Mohamed Ben Youssef said his country is determined to expand investment base in Jordan as it enjoys political and economic stability and due to the prudent monetary policies of the Central Bank of Jordan.

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Petra
In a statement to Petra on the sidelines of the Arab Banking Conference, he said that Jordan is a state that enjoys political and economic stability which is a factor that stimulates investments.

On Libyan investments in the Kingdom Ben Youssef said that the Libyan Foreign Bank has a stake of 16.5 percent in the Housing Bank, 12.5 percent in the Arab Investment Bank and 4 percent in the Jordan Bank.

"Libyans' confidence in Jordan's economy is increasing and the increase of Libyans deposits in Jordanian banks is an indication of Libya's willingness to invest in the Kingdom and support its banking sector," he added.

Registered Libyan investments in the Amman Bourse stand at $742 million and Libya ranks seventh among Arab and foreign investors in the Amman Bourse.
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Sorin Lassmann
8 months ago
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