Libya's official government aims to set up new payment system for oil buyers


  • World
  • Saturday, 20 Dec 2014

Libya's Prime Minister Abdullah al-Thinni takes part in a joint news conference with Malta's Prime Minister Joseph Muscat (not pictured) at the Auberge de Castille in Valletta October 21, 2014. REUTERS/Darrin Zammit Lupi

TRIPOLI (Reuters) - Libya's internationally recognised government aims to set up a new payment system to receive oil revenues, bypassing the central bank based in Tripoli, the capital city that is no longer under its control, its top oil official said on Saturday.

The OPEC oil producer has had two parallel governments and parliaments since August when a group called Libya Dawn seized Tripoli, forcing the recognised administration of Prime Minister Abdullah al-Thinni to the east.

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