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Home Libya

At yesterday’s cabinet meeting, Aldabaiba announces new plans for refinery development, floating and fuel tanks

bySami Zaptia
April 9, 2023
Reading Time: 3 mins read
A A
Prime minister Aldabaiba forms Ministerial committee to study reforming fuel subsidies, orders payment of family grant, increases pensions

(Logo: GNU).

The most prominent points to come out of Tripoli-based Libyan prime minister Abd Alhamid Aldabaiba’s speech at the Fourth Regular Meeting of 2023 of the Council of Ministers held in his hometown of Misrata yesterday were:

On politics

  • Aldabaiba paid his appreciation for the efforts of the Governor of the Central Bank of Libya (who was present at the meeting) in reviving the Libyan economy and continuing to adhere to the policy of disclosure and transparency.
  • He said after ending Libya’s civil wars, the economic and service situation is better compared to the past years of torment, whether from power cuts, lack of liquidity at banks and deterioration in the security situation.
  • He said he continues to serve the Libyans and create conditions for fair and impartial elections.
  • He said Libya’s current political stage requires adhering to the path of peace and the peaceful transfer of power and establishing stability and development. May the elections succeed and its results be accepted by all.
  • Aldabaiba said he seriously supports the efforts of the UN mission, and looks forward to its sponsorship of the 5 + 5 Military Commission leading to stability and preventing the return of wars.
  • He renewed the call for the legislative authority to absorb the will of the Libyans and that the Libyan people have become more powerful in the face of political extension projects and circumventing their will.
  • Our continued cohesion and unity is the only safe path towards building the state.
  • The meeting of 140 mayors from all regions of Libya, all of whom work under the umbrella of the National Unity Government, confirms that the political division no longer affects the work of municipalities.

 

Economics

  • He commended the efforts of the General Electricity Company of Libya for their implementation of the government’s plan aimed at stabilizing the public network.
  • He said the government has started to deal with the fuel shortage problem that occurs from time to time for operational and organizational reasons, and promised that it will become a thing of the past.
  • He revealed that his government had allocated a plot of land to develop Brega Company’s storage reservoirs, and technical teams are working on completing the project.
  • He said his government seeks to implement an integrated tripartite plan to achieve self-sufficiency in refinery production.
  • The contract signed with the American Honeywell Company for the implementation of the Zallaf Refinery in south Libya will contribute to covering the gas needs of the local market and developing the greater Ubari region.
  • The tripartite plan includes the development of the Zawiya, Tobruk and Ras Lanuf refineries.
  • Procedures have begun to supply floating tanks that help build strategic stocks, coinciding with the implementation of the local refinery development plan.
  • New oil tanks were contracted in Sidra and Ras Lanuf to replace the war-damaged tanks.
  • The government is working to facilitate all works approved by the Supreme Council of Energy.
  • Continued stability provides promising opportunities for the development of the oil and gas sector.
  • One of the most prominent government projects to raise Libya’s oil production plan is the return of life to the Dahra field, which has been suspended since 2015.
  • The provision of fodder, medicines and pesticides is progressing well after confronting the reasons for delaying their provision.
  • The stability in Libya allowed us to implement the first phase of establishing 500 new schools throughout Libya.

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