Prime Minister Abdul Hamid Dbeibeh declared on Monday that Libya’s Fuel subsidy system is “a drain on the state budget”, according to a statement by his media office.
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A recent report by Oil Price pointed to the continued impact of Libya’s political and security turmoil on the country’s…
The Central Bank of Libya (CBL) announced on Tuesday the completion of merging its Research and Statistics Department with the…
Oil prices fell by more than 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, according to Reuters.
The Governor of the Libyan Central Bank, Saddiq A- Kabeer, held talks on Sunday with Italy’s Ambassador to Libya, Gianluca Alberini, according to a statement by the bank today.
Libya’s House of Representatives of Libya has formed a committee to develop the restructuring of the general state budget.
The Governor of the Libyan Central Bank, Saddiq A- Kabeer, held talks on Sunday with Qatar’s Ambassador to Libya, Khaled Al-Dosari, according to a statement by the bank today.
The Central Bank of Libya said Sunday that the country’s oil revenues in 2023 were 111.4 billion Libyan dinars (about 23.3 billion U.S. dollars).
The Governor of the Libyan Central Bank, Saddiq A- Kabeer, held talks on Sunday with the European Union Ambassador to Libya, Nicola Orlando, in Tripoli.
Libya’s National Oil Corporation (NOC) declared force majeure at the country’s largest oilfield, Al-Sharara, on Sunday, citing production shutdown by protesters.