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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).

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.

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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

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