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Lost oil revenues have cost Libya $30 billion: central bank




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 Muammar Gaddafi in 2011.

Read Full Story: http://www.reuters.com/article/2014/06/06/us-libya...

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