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Energy Capital Power: Libya Advances Steady $8 Billion Investment Plans to Develop Offshore Gas

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The website Energy Capital Power reported Thursday that the $8 billion offshore gas development project “Structures A & E” is gaining increasing momentum, with recent contracts and confirmed pro…
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Gulf Times: This Is What Happens When Libya’s National Oil Corporation Appears “Opaque”

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The Gulf Times reported on Sunday that Libya’s oil barrels are an integral part of the Mediterranean balance, influencing European profit margins, OPEC cohesion, and Gulf investments in ports, pipel…
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Al-Bouri: Without Controlling Public Finances, the Central Bank Has Only Two Options: Either Tap Reserves or Devalue the Currency

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The Italian news agency Nova reported on Thursday, citing former Chairman of Assaray Bank for Trade and Investment, Naaman Al-Bouri, that despite Libya’s vast oil resources, the country spends more…
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IMF Discusses Exchange Rate in Libya and Reveals Key Details

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The International Monetary Fund (IMF) revealed on Wednesday that Libya’s economy is expected to record the fastest growth rate in the region this year, at 14.3 percent, according to the Arab Economi…
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“They Can Starve You, They Can Shut Down Your Exports” — A Statement Close to a Grim Warning… and an “American Newspaper” Reveals the Details

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The American newspaper IntPolicyDigest reported on Monday that Colonel Muammar Gaddafi once issued a stark warning in a moment of global criticism, saying: “The dominant powers today are in the hand…
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IMF Warns of Continued Fuel Smuggling and a Looming Power Crisis in Libya

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The International Monetary Fund revealed in a report that the extremely low prices of oil and electricity encourage smuggling across borders, and it is likely that the sharp increase in the quantiti…
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Turkish Newspaper: Money Laundering Investigation — Arrest Warrants Issued for 85 People, Including Individuals from Libya

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The Turkish newspaper PaTurkey reported on Thursday that Turkish authorities have launched a comprehensive investigation into money laundering involving suspicious point-of-sale transactions worth o…
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British Newspaper: Libya’s Decision to Abandon Oil-for-Fuel Swap Deepens Financial Crisis

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The Arab Weekly reported on Thursday that Libya’s decision to halt the oil-for-fuel swap system, which it relied on to secure fuel imports in exchange for oil exports, has worsened the financial cha…
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Africa Confidential Magazine Sheds Light on the Funds Gaddafi Transferred to the U.S. – and Their Link to National Unity

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A report published by Africa Confidential magazine has revealed the network of American banks used by Muammar Gaddafi to secretly transfer around $50 billion out of Libya between 1994 and 2011. A…
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Nova Agency: Italy Confirms Its Leading Trade Position in Libya, Ranking First Among Countries

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The Italian news agency Nova reported on Sunday that Italy reaffirmed its position as Libya’s main trading partner during the first quarter of 2025. Despite a slight decrease in total trade volume…
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