Middle East Economic Survey

VOL. LIII

No 26

28-Jun-2010

LIBYA

Ghanem Says Libyan Petroleum Demand Rises 12% In 2009

Libyan petroleum products consumption rose by 12% in 2009 to 11.49mn tons, the countrys de facto oil minister Shukri Ghanem told the Saudi-owned Sharq al-Awsat newspaper. The Libyan figures compare with a 9% jump in Saudi demand last year, as implied in the latest annual review from Saudi Aramco, underlining a region-wide need to curb runaway consumption growth, despite global...