| |
Oil Starts to be Loaded from Hariga.
|
|
The first shipment of oil out of the Marsa Al-Harega terminal at Torbruk is expected to start being loaded tomorrow, according to sources at the Arabian Gulf Oil Company (AGOCO).
Officials at the company, have confirmed a report published by NOC on its website today that an oil tanker, the Aegean Dignity, is near the terminal and will start being loaded with one million barrels of oil tomorrow.
No oil has been moved from the terminal, which is managed by AGOCO, since July last year. It is one of two eastern oil terminals being reopened under a deal struck just over a week ago between the government and Cyrenaica federalists led by Ibrahim Jadhran. Last week, the official Petroleum Facilities Guard said its forces were in control of it.
The tanker is reportedly being chartered by an Italian company.
Source:
ATEX NEWS 16-April-2014 |
|
LD 50 MILLION INFRASTRUCTURE PROJECTS CONFIRMED FOR
SIRTE IN 2014.
|
|
Libya’s oil production is expected to rise to one million barrels per day by the middle of June.
The forecast was made by OPEC Secretary General Abdullah Badri today during an international oil summit in Paris after Libya’s National Oil Corporation (NOC) announced the lifting of force majeure on the eastern port of Hariga near Tobruk.
Hariga has a capacity of 110,000 barrels per day.
Badri went on to say, LANA reports, that reaching a million bpd within two months would be achievable, but that it will be more difficult to increase production beyond the first million. The Secretary General said that the main challenge for Libya increasing production further will be the issue of security.
Libya’s oil production had been curtailed for nine months, falling down to as low as 160,000 bpd from a peak of 1.5 million bpd prior to the NOC announcing a state of force majeaure on its eastern oil ports in August last year.
In a joint statement on Tuesday, Libya’s allies had welcomed the agreement reached by the Libyan state and the eastern rebels to reopen the oil terminals.
Source:
ATEX NEWS 12-April-2014 |
|
LIBYAN OIL PRODUCTION TO REACH 1 M BPD BY JUNE: OPEC.
|
|
Libya’s oil production is expected to rise to one million barrels per day by the middle of June.
The forecast was made by OPEC Secretary General Abdullah Badri today during an international oil summit in Paris after Libya’s National Oil Corporation (NOC) announced the lifting of force majeure on the eastern port of Hariga near Tobruk.
Hariga has a capacity of 110,000 barrels per day.
Badri went on to say, LANA reports, that reaching a million bpd within two months would be achievable, but that it will be more difficult to increase production beyond the first million. The Secretary General said that the main challenge for Libya increasing production further will be the issue of security.
Libya’s oil production had been curtailed for nine months, falling down to as low as 160,000 bpd from a peak of 1.5 million bpd prior to the NOC announcing a state of force majeaure on its eastern oil ports in August last year.
In a joint statement on Tuesday, Libya’s allies had welcomed the agreement reached by the Libyan state and the eastern rebels to reopen the oil terminals.
Source:
ATEX NEWS 12-April-2014 |
|
Benghazi Free Zone project moves forward.
|
|
Longstanding plans to set up a free zone in Benghazi have taken a major step forward with the first meeting of its administrative committee. It looked at the structures of administrating the Meresa Free Zone including the functions of the general manager and officials and the role of various sub-committees. It also agreed to set up a technical and economic advisory committee and to appoint international consultants to draw up the zone’s infrastructural and technical specifications.
It is almost exactly two years since the post-revolution authorities agreed that the free zone should go ahead. Since then a committee to establish it has been working on the general concept. It has now been wound up, with the administrative committee taking over.
Covering some 1,200 hectares in Qunfudah, west of Benghazi, the zone will include areas for shipping, industry, storage and services as well as a “smart city” district covering education and training, the media and IT companies. There will also be an area for international banks plus hotels and a conference and exhibition centre.
At the Saturday meeting, the administrative committee further agreed to set up a technical and economic advisory sub-committee and to appoint international consultants to draw up the zone’s infrastructural and technical specifications.
Source:
ATEX NEWS |
|
Tripoli and Benghazi Metro Systems Moving Forward.
|
|
A workshop was held today at the Railways Project Execution and Management Board’s headquarters in Tripoli (www.railroads.org.ly), in cooperation with the Zawya University’s Strategic Planning Unit on “Strategic Planning for the City Metro (LRT) – A Modern Metro for the Public”.
The meeting was headed by Ali Rashaida, Chairman of the Railways Project Execution and Management Board, the Deputy Transport Minister for Road and Land, Abdulrizag Al-Houd, members of Tripoli and Benghazi Local Councils, representatives of the Housing and Infrastructure Board (HIB), academic members of the University of Zawya as well as a number of other interested parties.
In his opening address, Ali Rashaida, Chairman of the Railways Project Execution and Management Board said that “studies have clearly shown that an above ground light railway transport (LRT) or metro or tram system is relatively cheap compared to other systems and would make mass transport available and affordable to all Libyan citizens. Having and using an LRT system would be a progressive move and a sign of development”.
“This LRT project went through various phases under the previous regime, but never saw the light of day, I therefore, hope that this workshop can help push this project forward further towards implementation.” Rashaida indicated that there has been real positive support from the GNC who genuinely believe that some kind of mass transport system is necessary for Libya’s main urban centres.
Deputy Transport Minister for Road and Land, Abdulrizag Al-Houd in his opening remarks said that his Ministry was in desperate need of cooperation with Libyan universities in helping to solve real issues and problems on the ground, including on the LRT project.
Deputy Minister Al-Houd noted how Libya’s neighbouring states enjoyed the benefit of mass public transport systems and urged all Libyan research centres to help launch such projects that will positively affect the everyday life of Libyan citizens.
During a slide-show presentation the Railways Project Execution and Management Board it was revealed that the LRT was first considered in 1983 by the former regime. However, both the board as a whole and the LRT project were constantly used as part of political games and infighting, which led to the failure of the rail and LRT projects.
For example, the LRT project started as an underground system between 1983-92, then it was changed to an over ground system between 1992-97, only to be reverted to an underground system again by Saif Qaddafi upon his rise to political prominence between 2006-11. In 2009 an LRT system for Benghazi was proposed with 10 lines.
The Railway Board were of the view that the reversion to an underground system was based on pure self interest in the way of kickbacks and commissions and on the belief that underground tunnels could be used as war shelters by the Qaddafi regime.
For example, it was revealed that international studies show that currently the cost of an above ground LRT system would be about US$ 2-6 million per km, whereas underground the system would cost about US$ 60-100 million.
It was also revealed that on average one LRT carriage would transport the equivalent number of passengers transported by about 177 cars – that is, every LRT carriage would reduce 177 cars off the roads of Tripoli and Benghazi .
To this end, it was revealed that the Railway Board is now making an independent study of the various options that would provide the best cost and best service for Libyan cities. It has been given the green light by the GNC to present the results of this study for urgent implementation in order to solve Tripoli and Benghazi’s pressing transport and traffic problems.
Source:
ATEX NEWS |
|
Preparation Meeting for Libya Build 2014.
|
|
On Sunday, 30th of March 2014, the first preparation meeting for Libya Build 2014 was held at ATEX office in Tripoli, where a number of European commercial attaches attended the meeting from Austria Italy, Malta and Portugal.
During the meeting the manager of ATEX has briefed the attendees with the up-to-date sales process, logistics, the set-up plan for the venue at Tripoli Sport City as well as the security measures which will be taken before and during the exhibition.
ATEX Team
Source:
ATEX NEWS |
|
Libya Build 2014 Sets Record Sales of Outdoor Exhibition Space.
|
|
Organizers of the Libya Build 2014 exhibition, ATEX, report that they have sold a record 10,000 square metres of outdoor exhibition space, selling out their availability two months prior to the event. “We are trying to accommodate further companies on our waiting list for over 500 square metres”, they report.
Moreover, they report that 75% of the indoor space of 21,600 square meters is sold out, with an expectation that the remaining available space will be sold out by the end of March.
Libya Build 2014 will be the tenth edition of the show and will be held 19-22 May at the Sports City, Tripoli. It is the leading exhibition in Libya for building and construction attracting leading international heavy equipment and machinery brands such as Caterpillar, Komatsu, Volvo, Hyundai and JCB.
The organizers report that Turkey is expected to have the largest group participation in this year’s event, with exhibition space reserved for Turkish companies already sold out. The organizers say that they must provide more space due to the “huge demand from the Turkish market”.
Another country with very large participation is China, doubling the amount of exhibition space booked compared to 2013., ATEX report.
The foreign trade promotion organization of the Austrian Federal Economic Chamber, confirmed their group participation with 9 Austrian companies this year.
Egypt, Italy, Spain, Portugal, Tunis, Malta and India are are also expected to have large participation and will confirm their final numbers by the end of March.
There will also be individual international companies from Germany, France, Greece, Hungary, and Saudi Arabia, which have secured their places at Libya Build and ATEX report that they are still receiving inquires on a daily basis from all over Europe.
The organizers also report that major brands representatives in Libya as well as contractors, construction companies will be participating in Libya Build 2014 along with governmental organizations such as ODAC and other Libyan consultancy offices.
The organizers have also introduced a new way of registration this year to avoid queues at the entry gates. This year visitors can send their full names via SMS to 20120 to obtain a code which will allow them to print their badge online in advance, thereby avoiding opening day queues. ATEX report that the event attracted 25,000 visitors last year.
Source:
ATEX NEWS |
|
Agreement Signed for First Stages of Commercial Port at Zawia.
|
|
A special agreement was signed last week, to put the first steps in motion for the construction of a commercial sea port at Zawia.
The idea behind the project is to build a commercial sea port in the western area of the town. The Zawia port would help ease the burden carried by Tripoli port, where berth space is so limited vessels are kept waiting for up to ten days.
The signing was attended by the Executive Director of the Libyan Interior Investment Fund, Badrudeen Bin Otman, members of the local council and a number of specialists in the field of port development.
“This strategic project will provide services to the entire western region and will contribute to the activation of the economic movement, trade and investment in the region,” Bin Otman said.
An official from Zawia Local Council said the agreement related to the design-preparation stage of the project. There would also be consultations on legal and technical matters, he said.
Source:
ATEX NEWS |
|
Hill International Flags Return To Libya.
|
|
US construction management firm Hill International has flagged a return to Libya “in the next two to three months”
Source:
ATEX NEWS |
|
Riba Signs Historic Agreements In Support of Libyan Contemporaries.
|
|
The Royal Institute of British Architects (RIBA) and the two emergent organisations representing the architecture profession in Libya have today signed Memoranda of Understanding.
At the annual International Conference at RIBA in London, supported by UK Trade & Investment (UKTI), RIBA President Stephen Hodder signed Memoranda of Understanding with Ghaleb Gheblawi, Chairman of the Libyan Board of Architecture (LBA) and Hakeem Bader, President of the Libyan Institute of Architects (LIA). The agreements are aimed at supporting the development of the architecture profession in Libya for the benefit of their society.
Source:
ATEX NEWS |
|
Construction of New Stadium Begins In Tajoura – Tripoli – Libya.
|
|
Work has begun on constructing an ultra-modern new stadium in Tajoura for the 2017 Africa Nations Cup, which Libya is scheduled to host.
The stadium, designed by German construction firm Gerkan, Marg and Partners (GMP), is the first in a number of infrastructure projects intended to be completed by 2017. The distinctive stadium will sit on on a cone-shaped plinth, with three additional buildings arranged around its edges in a triangular configuration.
In a ceremony as modern as the proposed building, Prime Minister Ali Zeidan pushed a button to pour concrete into the first foundation.
“Having won the battle of the revolution, Libyans are now winning the battle for production and construction, sports and culture,” said Zeidan.
He said that February had been a month of progress for the country, particularly in the area of sports. The national team’s victory in the African Nations Championship was the first sporting achievement of the year which was now being followed by the construction of a new stadium, he said.
German Ambassador to Libya, Christian Much, German football star Franz Beckenbauer and Project Manager Hans-Joachim Paap were amongst those attending the ceremony.
Two Tripoli stadiums are being planned for the hosting of the African Nations Cup. The second one is a new sports complex with a dedicated football stadium for 71,000, which will be built at the western edge of the city near the sea. The city’s athletics stadium will also be refurbished.
In addition to the National Stadium, the project at Tajoura also includes an indoor pool, a multi-purpose arena and a “Family Sportsworld”.
Source:
ATEX NEWS |
|
Libya to Sign Mou with South Korean on Water Resource Development.
|
|
Libya’s Ministry of Water Resources is to sign a Memorandum of Understanding with South Korea’s Ministry of Environment next month when a seven-man Korean delegation is in Tripoli for talks on assistance on developing water resources and water treatment facilities as well as on environmental issues.
The delegation, the Libya Herald has been told, will be led by Jeong Yeon-man, Vice-Minister at the Environment Ministry and will include four officials from the Korea Environmental Industry and Technology Institute (KEITI), itself part of the Ministry. It will be in Tripoli between 21-27 March.
The delegation is also to have meetings with the Housing and Infrastructure Board.
The visit and MOU is a result the Korea-Libya Environmental Cooperation Forum organized by the South Koreans in Tripoli last July.
Source:
ATEX NEWS |
|
Page:
1
2
3
4
5
6
7
8
9
10
|
