Libya’s Audit Bureau: Oil Revenues to Drop to $6 Billion in 2020 amid Oil Facilities Closure
On Saturday, the Audit Bureau announeced that oil revenue losses could reach $6 billion at the end of 2020 if ...
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Tag: oil
World Bank: Libyan Economy May Shrink by 60%
The World Bank predicts that oil exporters in the Middle East and North Africa (MENA) region will lose more than ...
Read moreOil Crisis Deepens in Libya as Losses Exceed $3.8 Billion
Libya’s National Oil Corporation (NOC) said that from January 18 to the end of March 2020, oil revenue losses amounted ...
Read moreLibya Oil Losses Reach $3.5 Billion
Libya's National Oil Corporation (NOC) said that the cumulative losses in oil production amounted to approximately 67 million barrels in ...
Read moreLibyan Port Prevents Entry of Oil Tanker amid COVID-19 Fears
The Libyan General Administration of Ports Security sent orders on Saturday to prevent the entry of a tanker loaded with ...
Read moreLibya’s Mufti: “Bandits” who closed oil ports could face death sentence
Ousted Libyan mufti al-Sadiq al-Gharyani said that the people who participated in the tribal movement that caused the closure of ...
Read moreArabian Gulf Oil Company discovers new oil well in Sirte Basin
On Monday the Arabian Gulf Oil Company in Benghazi discovered a new oil well in the Sirte Basin region, with ...
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