Libyan Authorities Debate Oil, Power Bottlenecks

Libyan Authorities Debate Oil, Power Bottlenecks

The Libyan National Oil Corporation (NOC), the Tripoli-based Audit Bureau, and Mayors of the southern Libyan region discussed  efforts to loosen bottlenecks on oil and power production, Libya Herald reported. Increased oil revenues are needed in order to maintain the oil facilities that have been neglected due to cash flow problems the Libyan state has faced since the 2011 revolution.

The National Interest informed that  ten years ago, more than 60% of Libya’s GDP came from oil revenues. Today, after years of civil war and falling oil production, this number has been nearly halved.

Together with mayors from the southern region, the Audit Bureau also discussed effective means of cooperation in solving the obstacles to the completion of the Ubari power station and how the mayors could provide logistical and security support for foreign engineers and workers working on the power station.


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