馃嚤馃嚲LibyaNorth Africa
Libya and Syria discuss reactivating cargo and passenger maritime transport
via Libya Herald3 min read
The Libyan Embassy in Syria reported that Walid Ammar, Head of Mission at the Libyan Embassy in Syria, met with Qutaiba Badawi, Head of the Syrian General Authority for Ports and Customs, in Damascus. Samir Al-Shalabi, Charg茅 d鈥橝ffaires of the Syrian Embassy in Tripoli, was also present. The discussion focused on enhancing bilateral cooperation, particularly in customs operations and facilitating trade and maritime transport, to support common interests and develop economic relations. Both sides emphasized the importance of continued coordination and exchange of expertise.
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Libya Herald.
Must ReadThe Central Bank of Libya announced plans to inject $1 billion next week to finance documentary credits and allocate another $1 billion for personal use and reservations. The bank will also extend working hours for dollar cash sales. This initiative is part of a broader effort to review local cash liquidity, with the first phase of an August plan aiming to inject 5 billion dinars into commercial banks to meet citizen needs. These decisions followed a meeting led by the Governor of the Central Bank of Libya, Naji Issa, in Tripoli, where discussions focused on monetary and financial conditions, enhancing stability, and improving banking service efficiency. The meeting also addressed the Libyan Dinar's exchange rate in the parallel market, foreign exchange, documentary credits, and the resolution of obstacles for e-payment companies and banks to ensure continuous and efficient payment systems.
Must ReadBrega Oil Marketing Company confirmed its commitment to supplying diesel fuel to the General Electricity Company of Libya GECOL to support power generation and electrical system stability. This commitment comes as Libya faces increasing power cuts since mid-June. Brega also continues to meet the needs of factories, companies, and production facilities, despite increased demand for diesel as a backup fuel due to low natural gas supply. The company emphasized that while fuel supply is crucial, network stability depends on an integrated system including natural gas availability, generator readiness, maintenance, and transmission networks. Brega noted that some industrial facilities use diesel generators during peak hours, even when electricity is available, to save costs, which increases diesel consumption and pressures the supply system. Brega called on regulatory authorities, such as the Municipal Guard Authority, to monitor fuel consumption patterns in these facilities to ensure optimal resource use. The company also urged GECOL to consider the supply system's exceptional conditions when ordering diesel, basing estimates on actual needs and scheduling withdrawals to balance power station requirements with other vital sectors. Brega, in coordination with the National Oil Corporation and relevant authorities, will continue to seek sustainable solutions to enhance supply system stability across various sectors.
Saleh Al-Abbar, Director of the North Benghazi Power Plant, stated in a television interview that Libyan citizens consume more electricity than those in neighboring countries, attributing this to the low cost of electricity in Libya. He noted that the electricity system requires constant maintenance and upgrading. Al-Abbar explained that the power deficit is caused by excessive consumption and breakdowns during peak summer periods, amidst a summer of increasing power cuts and blackouts. The General Electricity Company of Libya has raised tariffs for commercial consumers and introduced prepaid meters to encourage rational use. However, state subsidies result in an average household electricity bill of approximately LD 100 拢10 per month, which does not incentivize reduced consumption or the adoption of solar energy.