11 Dec 2013
(MENAFN) The Libyan Oil Minister said that the country lost over USD7 billion as a result of strikes at oilfields and ports which significantly cut exports, The Peninsula reported.
Also, Libya now faces fierce competition from Algeria and Nigeria in the Mediterranean oil market, and Libya is now searching for new markets in Asia.
Oil output in the North African nation dropped from 1.4 million barrels per day (bpd) in July to 250,000 bpd, causing the country to lose nearly USD7.29 billion in oil revenue.
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BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
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BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
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Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
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BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
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BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
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BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
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As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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