Tuesday, July 17, 2018
 
 
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Libya's Official Government Aims to Set up New Payment System for Oil Buyers

By Clip Syndicate
Libya's top oil official said on Saturday the internationally recognized government aims to set up a new payment system to receive oil revenues, bypassing the central bank based in Tripoli, the capital city that is no longer under its control. The OPEC oil producer has had two parallel governments and parliaments since August when a group called Libya Dawn seized Tripoli, forcing the recognized administration of Prime Minister Abdullah al-Thinni to the east.






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