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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Browsing: Oil & Gas
The Libyan National Oil Corporation (NOC) and Mellitah Oil and Gas Company discussed in a meeting future production plans and the budgets required for them, according to NOC.
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Two people are dead and two others are reported missing following an accident that took place on Friday afternoon in the offshore platform of the Bouri oil field, which is operated by the Mellitah Oil and Gas company, Italian news agency Nova reported.
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The Undersecretary of the Libyan Oil Ministry, Rifaat al-Abbar, confirmed that Libya aspires to achieve plans to raise oil exports above 1.4 million barrels a day during December 2021 and above 1.6 million barrels in 2022, if the appropriate conditions and environment are available, and above all the funds necessary for maintenance and development.
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The Libyan Oil Minister, Mohamed Oun, confirmed that the Ministry is the official authority supervising the oil sector and its work in accordance with laws and resolutions regulating the sector.
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The Libyan National Oil Corporation (NOC) said Member of its Board of Directors, Abul Qasim Snengir, was arrested Saturday morning at Mitiga Airport in Tripoli while returning from abroad with his family, “in an arbitrary and inappropriate manner that does not rise to the level of responsibility in dealing with a public and national figure.”
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Libyan National Oil Corporation (NOC) has announced a decrease in its production of Es-Sidra crude by approximately 72% of the daily regular available capacity “due to deterioration of the oil sector infrastructure.”
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Libyan Oil Minister, Mohamed Oun, issued a decree on Thursday suspending the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, from work and referring him to administrative investigation “for violations”.
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Tatneft has resumed its operations in Libya after a ten-year halt, announced the National Oil Corporation (NOC) on Friday.
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Libyan Oil Minister, Mohamed Aoun, discussed with the French Ambassador to Libya, Beatrice du Hellen, ways for France’s support to Libya.
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