Sunday, August 31, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Russia Calls For Fair Distribution of Oil Revenues in Libya

August 21, 2020
Share on FacebookShare on Twitter

Russia’s Foreign Ministry welcomed the decision to “resume activity in the Libyan oil industry,” on the 16th of August.

In a press conference, the spokeswoman for the Russian MoFA, Maria Zakharova, stressed the need to distribute oil export revenues with “transparency and fairness, among the regions of the country and in the interest of the entire Libyan people.”

Zakharova highlighted the importance of restaring the hydrocarbon industry as it remains the primary source of revenue for Libya. She indicated that the Libyan economy suffered losses exceeding 8 billion USD, as a result of the “blockade” imposed on the oil field production, and the suspension of exports. Zakharova confirmed that the Russian diplomatic mission in Libya was not active, but around 40 Russian citizens remained living in Libya.

On Tuesday, the Oil Facilities Guard announced a decision to reopen the country’s oil ports and resume oil exports, after months of closure.

Tags: DistributionFairlibyaoilrevenuesRussia
Next Post

NOC Welcomes Oil Resumption Proposal, Calls for Military Withdrawal

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

UN Mission Warns of “Dangerous Escalation” in Libya’s Tripoli

Is Dbaiba Preparing Tripoli for a New War?

Libyan Airlines Offers Compensation to Passengers over Istanbul–Tripoli Flight Cancellation

Libya Risks Nationwide Blackout Amid Fuel Crisis

Libyan Parliament Calls for Withdrawal of All Foreign Forces from Libya

Spain Detains Cargo Ship Suspected of Carrying Weapons to Libya

EDITOR PICKS

Heavy Rain & Thunderstorms Raise Flood Risk in Eastern Libya

Greece to Host Libyan Delegation for Maritime Negotiations

Spain Detains Cargo Ship Suspected of Carrying Weapons to Libya

Libya’s GECOL Reopens Gas Line to Prevents Nationwide Blackout in Libya

Libya Risks Nationwide Blackout Amid Fuel Crisis

Libya & Kurdistan Discuss Cooperation

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR