Browsing: Oil & Gas

Members of the Libyan Petroleum Facilities Guard (PFG) closed the crude oil pipeline feeding a number of electric power production plants of the General Electricity Company (GECOL) with natural gas as the main fuel to operate the stations of Al-Ruwais, Al-Zawiya, Al-Khums, as well as part of the Misurata Station, according to GECOL.
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The National Oil Corporation (NOC) accused the Minister of Oil and Gas, Mohamed Aoun, of “infringing his powers” and “practicing a policy of misleading for the purpose of disrupting the Corporation’s work,” the NOC said in a statement on Sunday.

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The Libyan National Oil Corporation (NOC) announced Wednesday that the net revenues for the month of October 2021 are US$ 1,907,660,046.91 from sales of crude oil, gas, condensate, petroleum products, and petrochemicals.
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Chairman of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, met Wednesday with the British Ambassador to Libya, Caroline Hurndall, and “briefed her on the challenges facing the oil sector in Libya, most notably the low level of production due to lack of funding and scarce budgets,” according to NOC.
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