October 2009
Africa Monitor: North Africa Monitor;Oct2009, Vol. 14 Issue 10, p5
Country Report
The article reports on the political, economic and business developments in Libya in 2009. Colonel Muammar Qadhafi expressed little inclination to give up his political power, and his son, Saif al-Islam, is speculated to be his successor. Comparison of oil prices in Libya showed that an average oil price of 70 U.S. dollars per barrel in 2009 will bring growth to Libya's account to 20.2 billion U.S. dollars. The Tripoli port was closed from August 25-September 3, 2009 due to several events.


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