Tag Archives | United Kngdom

Libya: Rich in Oil, Leaking Fuel

Tim Eaton has written an article for the Royal Institute for International Affairs (Chatham House), entitled “Libya – Rich in Oil, Leaking Fuel“. In it, he says that the oil-rich country is supposed to provide cheap, subsidized fuel to its citizens. But amid continuing violence and instability, up to one-third goes missing from official supply […]

UK sends £9m to Libya to Boost Security

The UK government has said it is stepping up efforts to deal with threats posed to the UK from Libya, as the Foreign Secretary makes his second visit to the country in less than 6 months. The Foreign Secretary has been in Tripoli today where he met with the Libyan Prime Minister, Fayyez Al-Serraj, to […]

More Russian Banknotes arrive in Eastern Libya

By John Lee. Libya Herald has reported that the third delivery of banknotes from Russia, ordered by the parallel Central Bank of Libya (CBL) based in Beida, has arrived at Labraq airport. It says that despite this delivery of LD 750 million, and previous deliveries including several hundred million dinars to Tripoli CBL from British […]