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عين ليبيا
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عين ليبيا

2026-10-17T11:49:23.000Z

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Libyan oil revenue and fuel link

Libyan oil revenue and fuel link

The article discusses the discrepancies and divergences in the reported Libyan oil revenue data, focusing on the differences between the figures announced by the National Oil Corporation, the Central Bank, and the Audit Bureau regarding the amount of revenue collected and the financial transfers to sovereign accounts. These figures range between $361 million and $1.448 billion during the period from October 1 to October 15, 2026. The article also examines the increase in fuel supply costs, which grew from approximately $250 million to nearly $1 billion per month over the first nine months of 2026. This raises questions about possible corruption in the management of these funds and highlights the role of transparency in addressing these discrepancies. Consequently, there are impacts on the exchange market and citizens' purchasing power, underscoring the urgent need to unify data and conduct independent verification of financial flows to ensure fair and transparent management of oil revenues, especially since these discrepancies affect public financing and fuel costs.

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The Libya News page on Jarayid.com provides daily coverage of major news and developments across Libya, from the capital Tripoli to Benghazi, Misrata, Sabha, and other cities and regions. Coverage includes politics, economy, energy, oil, business, sports, society, and local events. We summarize important Libyan news from trusted sources in a clear and concise format, helping readers quickly follow the key stories, issues, and developments shaping Libya each day.

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