Libya has a long road ahead to combat and terminate fuel smuggling

With a yearly loss of over 750 million dollars to fuel smugglers, Libya continues to struggle in combatting the phenomenon

Citizens have demanded that the government intensify efforts to contain the smuggling of fuel and its effects on the market prices in a country where a litre of fuel does not exceed 15 pennies. [Photo: NOC]
According to National Oil Corporation estimates, fuel smuggling remains a major concern in Libya, with citizens demanding a quick resolution to the dossier, which contributes to a $750 million loss per year.

Economic concerns suggest that the pace of smuggling may pick up in the coming months as a result of the increase in the price of gasoline in neighbouring countries, following the announcement by Sudanese authorities of the lifting of fuel subsidies to the price of 290 pounds, while Tunisian authorities raised the price of fuel about two months ago to exceed two Tunisian Dinars.

Libyan economists’ demands emphasized the importance of border protection in maintaining domestic economic cohesion in a country where a litre of gasoline price does not exceed 15 pennies.

The Government’s budget proposal for 2021 included a support budget of 20 billion dinars, the majority of which would be devoted to fuel supply.

The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
Azara Media Azara Media
You might also like

Submit a Correction

For: Libya has a long road ahead to combat and terminate fuel smuggling

Your suggestion have been successfully submitted

There was an error while trying to send your request. Please try again.

Libyan Express will use the information you provide on this form to be in touch with you and to provide updates and marketing.