Location of Libya

Libya 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. The Libyan economy depends primarily upon revenues from the oil sector, which accounts for 80% of GDP and 97% of exports.[1] Libya holds the largest proven oil reserves in Africa and is an important contributor to the global supply of light, sweet crude.[2] Apart from petroleum, the other natural resources are natural gas and gypsum.[3]

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Afriqiyah Airways Consumer services Airlines Tripoli 2001 State airline
Agricultural Bank of Libya Financials Banks Tripoli 1957 Development bank
Air Libya Consumer services Airlines Benghazi 1996 Charter airline
Air One Nine Consumer services Airlines Tripoli 2004 Airline
Alajnihah Airways Consumer services Airlines Tripoli 2006 Airline, defunct 2011
Arabian Cement Co. Industrials Building materials & fixtures Al Khums 1988 Cement
Arabian Gulf Oil Company Oil & gas Exploration & production Benghazi 1979 Exploration, production
Banque Sahélo-Saharienne pour l'Investissement et le Commerce Financials Banks Tripoli 1999 Investment bank
Brega Marketing Company Oil & gas Exploration & production Tripoli 1974 Part of National Oil Corporation
Buraq Air Consumer services Airlines Benghazi 2001 Airline
Central Bank of Libya Financials Banks Tripoli 1956 Central bank
General National Maritime Transport Company Industrials Marine transportation Tripoli 1975 Transportation
General Posts and Telecommunications Company Telecommunications Fixed line telecommunications Tripoli 1984 Telecom and post
Ghadames Air Transport Consumer services Airlines Tripoli 2004 Airline, defunct 2006
Jowfe Oil Technology Oil & gas Exploration & production Benghazi 1983 Oilfield services, part of National Oil Corporation
Libya Telecom & Technology Telecommunications Fixed line telecommunications Tripoli 1997 Telecom
Libyan Airlines Consumer services Airlines Tripoli 1964 State airline
Libyan Arab Air Cargo Industrials Delivery services Tripoli 1979 Cargo airline
Libyan Cement Company Industrials Building materials & fixtures Benghazi 1972 Cement
Libyan Foreign Bank Financials Banks Tripoli 1972 Part of Central Bank of Libya
Libyan Iron and Steel Company Basic materials Iron & steel Misurata 1979 Steelmaker
Libyan Jamahiriya Broadcasting Corporation Consumer services Broadcasting & entertainment Tripoli 1969 Defunct broadcaster (before the revolution)
Libyana Telecommunications Mobile telecommunications Tripoli 2004 Mobile phones
National Oil Corporation Oil & gas Exploration & production Tripoli 1970 State oil holding
Oilibya Oil & gas Exploration & production Tripoli 2008 Oil and retail
RASCO Oil & gas Exploration & production Ra's Lanuf 1983 Part of National Oil Corporation
Sahara Bank Financials Banks Tripoli 1964 Bank
Sirte Oil Company Oil & gas Exploration & production Brega 1981 Part of National Oil Corporation
Trucks and Bus Company Industrials Commercial vehicles & trucks Tajura 1976 Commercial vehicles
Umma Bank Financials Banks Tripoli 1907 Bank
Waha Oil Company Oil & gas Exploration & production Tripoli 1956 Part of National Oil Corporation
Western Libyan Gas Project Oil & gas Exploration & production Tripoli 2004 Part of National Oil Corporation
Zawia Oil Refining Company Oil & gas Exploration & production Tripoli 1976 Part of National Oil Corporation

See also

References

  1. ↑ "Oil production boosts Libya economy, instability hampers reconstruction". The Daily Star. 20 October 2012.
  2. ↑ "Libya – Analysis". U.S. Energy Information Administration.
  3. ↑ "Libya facts and figures". OPEC.
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