Headlines Libya

Libya Losing Around $10 M Daily, NOC

Libya’s state-owned National Oil Corporation (NOC) accused the Tobruk-based government led by Prime Minister Thinni of stopping the state from earning the much needed revenue from oil sales by blocking loading at the Marsa al Hariga port. Tripoli-based NOC warned in a statement that stopping the exportation of oil will heavily impact the value of […]

Business Energy Features

Libya: Oil port demonstrators wants Federalism

Oil Minister Abdelbari al-Arusi has presented the serious situation that the government is faced with, since the lockdown of its oil ports by armed demonstrators a month ago. Production has fallen by almost 60% and the Minister described it as a “big difference.” Demonstrators have vacated some of the oil ports but exportations have not […]