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Speaker of House of Representatives confirms freeze on oil revenues at the Libyan foreign bank.

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Tripoli, 14 May 14 2022 (Lana) Speaker of the House of Representatives Ageela Saleh on Saturday issued a statement on the suspension of oil production and export.

The Speaker of Parliament confirmed the freezing of oil revenues at the Libyan Foreign Bank until guarantees and mechanisms are put in place, to benefit all Libyans from this income and to achieve justice and equality for all.

The step is in the interests of Libyans, and as the Libyan citizens see it, and to ensure the benefit of the high price of oil at the moment, which requires continued pumping of oil and to ensure the regular functioning of vital facilities and protect them from tampering, corruption and waste of public money.