Libya/June 14, 2019/ Frank Ikpefan, Abuja /No Comment/137 views /Libya Libyan Minister of Economy: France’s Total, other foreign firms renewing business licensesshare on:FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel Minister of Economy in Libya Ali Al-Isawi. [Photo: Internet] The Libyan Minister of Economy of the Government of National Accord (GNA) Ali Al-Isawi told Reuters on Friday that France’s oil giant “Total” and other foreign oil firms have started to renew their business licenses with Libya’s internationally recognized GNA to keep operating in the country. The Minister of Economy denied in an interview with Reuters that the suspension of the foreign firms’ licenses was prompted by a political motive, saying some firms had operated without a license for a long time. Related Posts ALSO READ Mass grave unearthed near Libya's Sirte He also indicated that some firms are working now on renewing their licenses in Libya, includong France’s Total. “If a license did not get renewed, there are several oil companies to take the oilfields in 24 hours. There is a lot of competition.” Al-Isawi said. In last May, the economy ministry suspended Total and 39 other foreign firms, saying their licenses had expired, before granting a grace period of three months to seek new ones. Leave A Comment Below Related Tags:Libya share on: FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel previous articleRunsewe to youths: Bobrisky not a cultural ambassador – The Nation Newspapernext articleGorilla Reportedly Swallows N7million In KanoRelated Posts440 shares Libya/June 24, 2019 /No Comment Reports: UK used 17 million pounds from Libyan frozen assets449 shares Libya/June 24, 2019 /No Comment Imamoğlu wins redo mayoral elections of Istanbul defeating AK’s YıldırımLibyan Army forces seize major parts of Tripoli Airport, toughen fighting against Haftar’s forcesUS carried cyber attack on Iranian military computers, reports sayUN envoy to Libya discusses reconstruction of Benghazi war-torn neighbourhoodsNOC: Calls to shutdown oil production risk escalating national crisisLibya’s coastguards intercept 199 illegal migrants off the country’s coastUN Secretary General appoints Yacoub El Hillo as new Libya Humanitarian CoordinatorLibya’s Central Bank denies moving data centres to MisurataIOM voluntarily repatriates 137 migrants from Libya to Nigeria Leave a Response Cancel reply CommentName Email Sign me up for the newsletter! Notify me of follow-up comments by email. Notify me of new posts by email.