1. Libya Oil Revenues Soar But Still Short Of Central Bank Target

    ...VENUES* AT $11.6BN IN THE FIRST SEVEN MONTHS OF 2021 ARE ALREADY DOUBLE THE FULL YEAR 2020 FIGURE OF $5.9BN *CBL 'OIL REVENUE' NUMBERS USED BETWEEN 2011 AND 2017 DUE TO ABSENCE OF NOC DATA. ^INCLUDES GAS EXPORT REVENUE, PRODUCTS SALES. ^^INCLUDES SMALL VOLUMES OF CONDENSATE.  SOURCE: OPEC ASB, CB...

    Volume: 64
    Issue: 34
    Published at Fri, 27 Aug 2021
  2. Libya’s Forex Reserves Fall 21% In 2020

    ...e inaccessible to Libya due to strict UN sanctions that have been in place since 2011.The idea is that sanctions will be removed once Libya has an accountable government. But the country is still deeply divided. Libyan actors are still squabbling over the legal basis for elections that are sc...

    Volume: 64
    Issue: 34
    Published at Fri, 27 Aug 2021
  3. Libya Eyes Mabruk Field Redevelopment

    ...ys it is also aiming to bring back Hakim, Sabah and Fedah. Zueitina had a production capacity of nearly 60,000 b/d before the 2011 revolution but this has dwindled to well under 20,000 b/d. Waha Oil Company is still working to restore production from its once-120,000 b/d Dahra field which was si...

    Volume: 64
    Issue: 34
    Published at Fri, 27 Aug 2021