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Libyan Oil Expert: salaries should be completely reduced to face the results of oil blockade

In a statement to “Sada” economic newspaper, the oil expert Abdul Salam Bin Ashour confirmed that reducing the salaries of the deputies, the Presidential Council as well as the government, in addition to curtailing the embassies to a minimum, and lifting subsidies on fuels -at least partly- are the first solutions that should be taken in order to face the results of shutting oil ports.

Ben Ashour added that increasing foreign-exchange fees or even thinking about it is a mistake as it increases citizens’ suffering and basic commodity prices.

Ministry of Oil: “The total production of oil fields today ranges between 100 and 200 thousand barrels per day”

Amira Cherni

Aguila Saleh Imposes 27% Tariff on Official Foreign Exchange Rate

Amira Cherni

Sanalla reviews the problems facing the National Petroleum Constructions Company due to the delay in disbursing the budget

Amira Cherni