First Independent Mena Newspaper
Libya authorities in charge of the country’s oil production indicated Tuesday oil production has increased 1.025 million barrels per day after a three-month decline owing to a wave of closures of oil fields and ports, Libya Observer reports. Chairman of the National Oil Corporation (NOC), Farhat Ben Qadara, and the Minister of Oil and Gas, […]
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, […]
Abdelhamid Dbeibeh, one of Libya’s rival Premiers, has sacked the Chairman of the National Oil Corporation (NOC) Mustafa Sanalla, local media Libya Update has learned. Dbeibeh’s administration, which is based in capital Tripoli, replaced Sanalla with Farhat Omar Bengdara, who served as Libya’s Central Bank Governor from 2007 to 2011, the media notes citing a […]
Aguila Saleh, Speaker of the Libyan parliament and Fathi Bashagha, one of Libya’s rival Prime Ministers, arrived Monday in the city of Sirte for the chamber meeting of Tuesday to discuss the draft general budget law for the year 2022 submitted by the former Interior Minister. Saleh landed at Al-Qardabiya Airport on Monday evening and […]
Libya’s oilfield sub-station Sharara was attacked by a group of gunmen, said on Thursday the National Oil Corporation (NOC), noting that one was killed in the attack. NOC also called for the support of local and national stakeholders to secure oil sector facilities and staff, underlining the need for a unified national security apparatus. As […]
France, Italy, the United Kingdom, and the United States have welcomed the announcement that Libya’s National Oil Corporation has recovered its prerogatives and is resuming its vital work on behalf of all Libyans, insisting that Libya’s oil facilities, production, and revenues belong to the Libyan people. The four world powers have issued a joint statement […]
British Petroleum and its sister Dutch Shell have inked deals with the Libyan National Oil Corporation (NOC) to buy ship-ments of Libyan oil, Libya Herald reports Friday. The media said it received confirmation from the NOC that both European firms have signed deals to buy the Libyan oil. Shell, according to Bloomberg, which has been […]
Western diplomats are increasingly concerned that the fighting raging in Libya will severely damage the coastal oil infrastructure, the economic lifeblood of the country. They appeal for calm as Libya descends into a bloody civil war with rival sides battling for control of the hugely lucrative Libyan oil terminals. The call comes after the Islamist-led […]
Head of Libya’s Unified National Oil Corporation (NOC) Wednesday announced immediate exportation of the Libyan oil following capture of oil crescent by General Khalifa Haftar forces despite threats of sanctions by western powers supporting the Government of National Accord (GNA), reports say. chairman of the NOC Mustafa Sanalla visited Zueitina; one of four oil terminals […]
National Oil Corporation (NOC) chairman Mustafa Sanalla sent a letter to UN special envoy Martin Kobler warning him of the consequences of his meeting with “one of the most despised individuals” in Libya, Ibrahim Jadhran, ahead of announcing an agreement to open ports blockaded by Jadhran for almost 3years. A dismayed Sanalla discouraged Kobler from […]