The Minister of Oil and Gas in the Government of National Unity, Mohamed Aoun issued a decision to form a committee to communicate with the parties that caused the closures at oil sites, and to discuss and debate them in order to find quick solutions to reopen them again without any conditions. This came after a…

Libya’s production of crude oil decreased to 800,000 barrels per day due to the closure of a number of oil facilities, after Libyan oil production was in the range of 1.3 million barrels per day last Friday. This drop in production came after protesters demanding the resignation of Prime Minister, Abdul Hamid Db…

The Economist Mohsen Al-Darija said that freezing oil revenues in the account of the National Oil Corporation is better than closing oil and better than freezing it in an account outside Libya, adding that in light of the current oil prices, closing oil will not be accepted internationally, as well as the continued…

The Ministry of Finance in the Government of National Unity denied the validity of the circulated paper attributed to Minister Khaled Al-Mabrouk regarding giving orders to the Director of the Budget Department in the Ministry to spend 100,000 dinars in favor of the Joint Operations Force based on the instructions o…