No Result
View All Result
Saturday, January 28, 2023
12 °c
Tripoli
12 ° Sun
12 ° Mon
14 ° Tue
14 ° Wed
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Oil Minister admits oil export meters defective

bySami Zaptia
August 1, 2013
Reading Time: 1 min read
A A
Libya oil production down 70 percent – Arusi

Oil Minister Arusi admited that Libya's oil-exporting metres were defective (Photo: Sami Zaptia).

12
SHARES
50
VIEWS
Share on FacebookShare on Twitter
Oil Minister Arusi admited . . .[restrict]that Libya’s oil-exporting meters were defective (Photo: Sami Zaptia).

By Sami Zaptia.

Tripoli, 1 August 2013:

At yesterday’s press conference, Oil Minister Abdelbari Arusi admitted that the meters used to measure the amount of oil Libya exports were destroyed during the revolution.

Arusi said Libya had a choice to either stop oil exports or to export oil and use traditional methods of measuring exports.

The Minister also stressed that the ships loading oil also have meters and that between using the traditional methods and the ship’s meter, an accurate measure could be obtained.

RELATED POSTS

Libyan state expenditure was LD 127.9 billion in 2022, up LD 42 billion on 2021: latest CBL stats

The Libyan Post-Oil Era: The Challenges and Opportunities of Energy Transition

He conceded that there is a difference in quantity between the two, but that this difference is acceptable and within internationally accepted norms.

In response to a question from the media, Arusi also revealed that he was taking court action against the GNC member that had accused him of under reporting Libya’s oil exports. He was also suing the TV station that had broadcast the accusation.

The Oil Minister stressed that his Ministry had no access to oil revenue and that as soon as the oil revenue is received it is automatically transferred to the Ministry of Finance. [/restrict]

Tags: Abdelbari ArusifeaturedGNCmetreoiloil exportsoil ministerrevenue
Share5Tweet3Share1

Related Posts

Prime minister Aldabaiba forms Ministerial committee to study reforming fuel subsidies, orders payment of family grant, increases pensions
Libya

PM Aldabaiba reviews GECOL’s summer plan to avoid power cuts

January 27, 2023
Benghazi University to hold open day on its Artificial Intelligence curriculum
Libya

Benghazi University to hold open day on its Artificial Intelligence curriculum

January 27, 2023
EU to help Libya better design and analyse policies and measure the impact of strategies
Libya

EU to help Libya better design and analyse policies and measure the impact of strategies

January 26, 2023
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba government holds meeting to discuss bartered fuel imports in transparent process

January 26, 2023
Czech Republic training Libyan doctors discussed as part of ‘‘Medovac’’ agreement
Libya

Czech Republic training Libyan doctors discussed as part of ‘‘Medovac’’ agreement

January 24, 2023
Libya’s Audit Bureau signs cooperation agreement with its Spanish counterpart
Libya

Libya’s Audit Bureau signs cooperation agreement with its Spanish counterpart

January 20, 2023
Next Post

British IHG to finance building nine hospitals - Doughman

Five Benghazi fugitives caught at Tripoli airport

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • 40-member Tripoli Chamber delegation returns from World of Concrete expo in Las Vegas, USA

    40-member Tripoli Chamber delegation returns from World of Concrete expo in Las Vegas, USA

    58 shares
    Share 24 Tweet 14
  • NOC’s fuel barter considered distortion of the state’s financial data

    52 shares
    Share 21 Tweet 13
  • Libyan Iron and Steel (LISCO) exports to 38 countries – 136,000 tons to be exported in coming months

    48 shares
    Share 19 Tweet 12
  • National Oil Corporation seeks to restart Ras Lanuf complex at full capacity

    47 shares
    Share 19 Tweet 12
  • Aldabaiba government holds meeting to discuss bartered fuel imports in transparent process

    45 shares
    Share 19 Tweet 11
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Ministry of Justice legal opinion confirms that foreign investors may own up to 100 percent of projects in Libya

Medsky to start flights from Tripoli to Malta

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?