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بوابة الوسط
Libyan Oil Remains Stalled Despite High Revenues
The article discusses the current situation of the oil sector in Libya, which has been suffering from institutional divisions since 2011. Despite an increase in production to approximately 1.4 million barrels per day and revenues exceeding $2.8 billion in April and May, there are plans to raise production to two million barrels per day. The American magazine responded by stating that translating these revenues into liquidity remains unbalanced, and that the financial crisis is worsening due to the political division between the east and west of the country. This division hampers the implementation of comprehensive financial policies, disrupts the continuity of oil revenues, and prevents direct benefits for the citizens.
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