First Independent Mena Newspaper
Mustafa Sanalla Wednesday defied Tripoli-based PM Abdulhamid Dbiebah as he visited the headquarters of the National Oil Corporation (NOC) following his sacking arguing that the Premier is illegal as his mandate has expired. Pictures posted by NOC on social media showed Sanalla being greeted by employees of the company and security personnel. In a speech, […]
The Libyan ministry of Oil and Gas Monday said the decision to dismiss the Chairman of the National Oil Corporation (NOC) Mustafa Sanallah is still in effect and pending legal measures despite attempt by Prime Minister Abdul Hamid Dbeibah Sunday to dissipate feud between Mohamed Oun and the NOC boss. The ministry, Libya Observer reports, […]
The recent takeover by Libyan forces of the coastal city of Sirte from IS, is a major setback for the terrorist organization. Yet, this victory against a common enemy that brought together Libya’s rival militias in a united front against IS raises concerns regarding Libya’s unity. Despite UN-led support for the Government of National Accord […]
Oil exportation has begun at the Es Sider port, Libya’s biggest oil port, after being closed for a long time. The spokesman of the National Oil Corporation (NOC), Mohamed El Harari, confirmed that the loading of 600,000 barrels of oil onto a tanker. Libya is still below the 1,4million barrels per day exportation it reached […]
Libya is drafting a law aimed at making its oil industry more attractive to foreign investors. Most of the investors left the North African country when the war got intense between Gadhafi’s army and the rebels. Libya has one of the largest oil reserves in the world but political tensions have made it a high […]