No Result
View All Result
Sunday, July 27, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Ministry of Oil and Gas denounces Egypt’s signing of agreement with South Korea to export Libyan oil without its knowledge

byIbrahim Senusi
December 9, 2023
Reading Time: 2 mins read
A A
Libya and Shell discuss several areas of cooperation

The Tripoli based Libyan Ministry of Oil and Gas said that it denounces the agreement concluded between Egypt and South Korea regarding the export of Libyan oil through the Egyptian port of Garjoub, according to the official statement contained on the website and official Facebook page of the Egyptian Ministry of Transport.

On the Facebook page of the Egyptian on 28 November, the statement read: “The Egyptian government, represented by the Ministry of Transport, signs a memorandum of understanding with the South Korean government, represented by the South Korean company STX,” and in the part that concerns Libya, it stated: “Establishing an oil pipeline from Libyan territory to the port of Garjoub and re-exporting it to European countries.”

Libyan denunciation
In an exclusive interview with Libya Herald, the Director of the Media Office at the Ministry of Oil and Gas, Ahmed Al-Tarhouni, said that the Ministry denounced what was stated in the Egyptian statement regarding Libya and its rights to impose its sovereignty over its economic capabilities in all the country.

Libya unaware of agreement
Al-Tarhouni explained that the statement of condemnation confirmed that the Ministry of Oil and Gas was not aware, neither closely nor remotely, of the agreement concluded between the Egyptian side and South Korea regarding the export of Libyan oil through the port of Garjoub.

More appropriate to involve Libya
He pointed out that the Ministry stressed that it would have been more appropriate, according to the prevailing regulations, systems and laws in force in the Libyan state, to notify the Ministry of Oil and Gas of such strategic matters in order to provide sound technical opinions issued by Libyan competencies and active and influential figures in the oil sector.

RELATED POSTS

Egyptian investments in Libya exceeded US$ 2.5 billion, surpassing for the first time Libyan investments in Egypt‎

Libya and Nigeria discuss gas projects, extension of export pipelines to Europe and high-level delegation visit to Tripoli

Libya welcomes joint hydrocarbon cooperation
Al-Tarhouni said that the Ministry of Oil and Gas welcomed, through its statement, any joint cooperation in the field of oil and energy between Libya and Egypt, in a way that achieves the common benefit and complementary interests of both parties in accordance with the full sovereignty of each country. The Ministry encourages all development, energy and economic programmes related to the oil and gas sector in Libya, such as Libyan oil refining projects in Egypt for example.

Libya has seven oil exporting ports on the Mediterranean!
Al-Tarhouni noted that the ministry’s statement indicated that Libya has seven oil ports on the Mediterranean Sea through which crude oil, petroleum products, condensates, petrochemicals, etc. are exported. These ports start from Al-Hariga in the east to Mellitah in the west, which indicates that the state of Libya does not need another port outside its borders, there is absolutely no need to extend land oil lines in order to export oil, especially since the Libyan ports are very close to the European coasts, as is the specific case with the port of Hariga.

Tags: Egypt EgyptianKorea KoreanMinistry of Oil and Gas GNU

Related Posts

The International Forum & Exhibition for Free Zones – Misrata: 28 to 29 June at Misrata Free Zone
Business

North Africa Bitumen Company explains its choice of Misrata Free Zone as its Libya operations base

July 25, 2025
The International Forum & Exhibition for Free Zones – Misrata: 28 to 29 June at Misrata Free Zone
Business

Libya’s Suzuki distributor establishing site in Misrata Free Zone

July 25, 2025
NOC announces force majeure at Zawia port
Business

Mellitah Oil and Hill International sign projects management agreement in presence of Trump’s Africa Advisor Boulos

July 23, 2025
NOC announces force majeure at Zawia port
Business

NOC loses judgment in a case in which it is not a party, but to appeal in final court of appeal

July 23, 2025
CBL receives results from meetings with international banks
Business

4th Libya Tech Forum 2025 launched in Istanbul

July 23, 2025
CBL reduces annual hard currency transfer limit for individuals
Business

As the Libyan diner plunges in value above the LD 8 per US$ – CBL reveals causes and planned countermeasures

July 23, 2025
Next Post
National Planning Council announces 2040 comprehensive development programme and launches 2025 urgent development plan

National Planning Council announces 2040 comprehensive development programme and launches 2025 urgent development plan

Libyan Iron and Steel Company achieves record production in HBI and DRI

Libyan Iron and Steel achieves design capacity production rate at direct reduction plant for first time in 26 years

ADVERTISEMENT

Top Stories

  • NOC announces force majeure at Zawia port

    NOC publishes 37 companies out of 44 that qualify for its 2025 public tender round

    0 shares
    Share 0 Tweet 0
  • Libya’s first-ever 1 MW solar power plant completed ahead of schedule in Kufra by Infinity Libya

    0 shares
    Share 0 Tweet 0
  • Trump Africa Advisor Boulos arrives in Tripoli – Aldabaiba offers several business incentives

    0 shares
    Share 0 Tweet 0
  • Mellitah Oil and Hill International sign projects management agreement in presence of Trump’s Africa Advisor Boulos

    0 shares
    Share 0 Tweet 0
  • Japan’s ONE launches its first shipping operations to Libya through Misrata Free Zone

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

North Africa Bitumen Company explains its choice of Misrata Free Zone as its Libya operations base

US Embassy Libya labels rumours of US intention to relocate Gazans to Libya as ‘‘fake news’’

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.