Fuel shortages and liquidity issues persist
The article explains that the reduction in load shedding hours on the Libyan electricity grid has led to a decrease in fuel queues in front of power plants. This is primarily because gasoline consumption is mainly linked to running electricity generators, which increases demand for fuel due to high prices abroad and price disparities between regions, as well as citizens' lack of full confidence in the constant availability of fuel. Experts also associate the improvement in the electricity network's condition with increased fuel demand, clarifying that electricity deterioration worsens the crisis, while lower temperatures have helped reduce demand. They pointed out that the enhancement of electronic payments has contributed significantly to solving the liquidity issue; however, the Central Bank is still awaiting a final resolution to the liquidity crisis through full cash availability in banks.
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