23 Hrs
Source:
عين ليبيا
Oil Company Demands Revenue Review
The National Oil Corporation of Libya rejected the statements issued by the Central Bank of Libya regarding the volume of oil revenues, confirming that the amounts transferred to the sovereign account until October 13, 2026, exceeded $1.23 billion, rather than the $361 million reported by the bank. It clarified that these transfers are subject to a financial mechanism agreed upon between the government institutions, and that simply presenting the account balance without explaining the transferred amounts and settlement mechanisms does not reflect the full picture of oil revenue movements. The corporation called for an independent investigation and a clear understanding of the flow of funds, emphasizing that the ambiguity in the data threatens transparency and the stability of the country's oil sector.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)