Ibrahim Jadran | Al Bawaba

Ibrahim Jadran latest

Oil accounts for 95 percent of state revenue in Libya and 65 percent of the country's Gross Domestic Product (GDP)

September 28th, 2014 - 04:49 GMT

With $100 billion in foreign reserves: is Libya's central bank monopolizing the country's economic potential?

While the battle for control of Libya's oil ports has been seen as a critical indicator of victory in the civil war, the money received from oil sales currently has one sole destination: the Central Bank of Libya.

The existence of rival governments and rival prime ministers in Tripoli are a nightmare for foreign oil companies, oil traders and diplomats.

June 11th, 2014 - 11:14 GMT

How Libya's oil troubles have literally become everyone's nightmare

The six-month shutdown of Libya's oil industry by rogue militias and disgruntled tribesmen has forced the government to dip into the country's foreign reserves, a

December 15th, 2013 - 03:00 GMT

Ibrahim Jadran latest

With $100 billion in foreign reserves: is Libya's central bank monopolizing the country's economic potential?

How Libya's oil troubles have literally become everyone's nightmare

Immeasurable dangers facing Libya's economy over perpetual oil shutdown