Central Bank: Lost Oil Revenues Cost Libya $30B

Libya has lost $30 billion due to 10 months of protests at oilfields and export terminals but has sufficient foreign currency reserves to keep the country running, a central bank official said. A wave of protests at oil facilities has reduced the North African country's oil output to less than 200,000 barrels a day down from 1.4 million bpd in July before the strikes started. The protests are part of wider turmoil in the North African country since the overthrow of Moammar Gadhafi...

© La Voix de l'Amérique - vendredi 6 juin 2014