Spokesman: Libya’s economy, Libyans living conditions could collapse if crude exports remain blocked
The spokesman for the Head of the Presidential Council (PC) Mohammed El Sallak warned in a presser on Tuesday that blocking oil exportation would damage Libya’s economy and badly affect every day living conditions, let alone breaking away with the terms of Paris declaration of Principles, signed May 29.
“Oil should not be part of political conflicts. The PC is constantly working to relive this entanglement as it loses Libya over 67 million dollars a day and thus impacts availability of goods and damages oil facilities due to suspension of exportation.” El Sallak said.
He also said that the PC contracted last December companies to build urgent electricity projects in Northern and Western Tripoli power plants and an enhancement project at Misrata power plant with a total of 2000 megawatts which would resolve current shortages (1500 megawatts), adding that those projects should have been financed by internal investment fund but the Audit Bureau rejected citing legal issues.
“The Head of the PC asked Audit Bureau officials to meet and resolve the legal problems surrounding the projects as they are pivotal for the daily lives of all Libyans” El Sallak indicated.
Meanwhile, El Sallak also said the government stated allocating the funds needed by bakeries across Libya and revising the letters of credit given in that regard so the bread high prices and bakeries’ crisis can come to a close.”
He also condemned the attack on the house of the PC member Fathi Al-Mijibri, saying such acts hurdle the unity and reconciliation efforts already underway in Libya.