Bowing to pressure from its oil workers, the Libyan government Friday announced an increase of 67% on salaries of the workers.
The Libyan National Oil Company announced on its official website that the pay hike will take effect from 2014, saying that the move was in satisfaction of the demands of the workers.
PANA reported from Tripoli that most of Libya’s oil terminals, located in the eastern part of the country, have been shut down since July when workers began demanding for higher wages and better working conditions.
In addition, the protests by the oil workers and armed militias caused a drop in oil exports.
The Libyan Prime Minister, Ali Zeidan, Wednesday announced the construction of two oil refineries in Eastern and Southern parts of the country.