Thursday, 19 October 2017 06:18 GMT
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Libya's protests causes USD30b losses in July

(MENAFN) Protests at oilfields and export terminals in Libya have cost it as much as USD30 billion terminals but has sufficient foreign currency reserves to keep the country running, according to the Peninsula Qatar. A wave of protests at oil facilities has reduced the North African country's oil output to less than 200,000 barrels a day, compared to 1.4 million billion barrels per day in July before the strikes started. Musbah Alkari, director of the central bank's reserves department, said: "The damages the state has now suffered after more than 10 months, Libya has lost not less than USD30 billion."
Libya's protests causes USD30b losses in July