Portal:Libya

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The Libya Portal

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Libya (Arabic: ‏ليبياLībyā) is a country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west.

With an area of almost 1.8 million square kilometres (700,000 sq mi), Libya is the fourth largest country in Africa by area, and the 17th largest in the world. The largest city, Tripoli, is home to 1.7 million of Libya's 6.4 million people. The three traditional parts of the country are Tripolitania, Fezzan and Cyrenaica.

In 2009 Libya had the highest HDI in Africa and the fourth highest GDP (PPP) per capita in Africa, behind Seychelles, Equatorial Guinea and Gabon. Libya has the 10th-largest proven oil reserves of any country in the world and the 17th-highest petroleum production.

As a result of the civil war of February to October 2011 and the collapse of the Gaddafi regime which had been in power for more than 40 years, Libya is currently administrated by a caretaker government, known as the National Transitional Council.

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Tamoil station Pijnacker.jpg

The National Oil Corporation (NOC) is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around half of the country's oil output. Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).

Libya is a member of the Organization of Petroleum Exporting Countries (OPEC) and holds the largest proven oil reserves in Africa (followed by Nigeria and Algeria), 41.5 Gbbl (6.60×109 m3) as of January 2007, up from 39.1 Gbbl (6.22×10^9 m3) in 2006. About 80% of Libya’s proven oil reserves are located in the Sirte Basin Province, which accounts for 90% of the country’s oil output. The province ranks 13th among the world’s petroleum provinces, having known reserves of 43.1 billion barrels (6.85×10^9 m3) of oil equivalent (36.7 Gbbl (5.83×109 m3) of oil, 37.7×10^12 cu ft (1,070 km3) of gas, 0.1 Gbbl (16,000,000 m3) of natural gas liquids).[1] The government dominates Libya's economy through control of oil resources, which account for approximately 95% of export earnings, 75% of government receipts, and over 50% of GDP, which was USD $50.2 billion in 2006. (Read more...)

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Leptis Magna market place April 2004.jpg
Credit: Robert Bamler
The ancient marketplace of Leptis Magna, Libya.

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Did you know

... that the US first attacked Libya in 1815, then again in 1981, 1986, 1989 and now in 2011?

... that in 1963 the women of Libya were given the right to vote?

... that Libya became a member of the League of Arab States in 1953?

... that Tripoli is Libya's largest city?

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  1. ^ T. Ahlbrandt (2001) p.1