Browsing: Business

The cohesion of Libyan oil sector was a main reason for restoring stability in the country, said Nicholas Hopton, the outgoing U.K. Ambassador to Libya. The British diplomat made his remarks during his last meeting with Mustafa Sanalla, the chairman of the National Oil Corporation (NOC), on Thursday.

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The Italian Consul in Benghazi, Carlo Batori, held talks on Monday with eastern representatives of the Libyan Business Council to discuss the latter’s cooperation with Italian companies to implement the coastal motorway project.

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Deputy Oil Minister Rifaat Al-Abbar said on Monday that he was unaware that his ministry made a request to the Government of National Unity to form a new board of directors for the National Oil Corporation (NOC), a decision which he rejects.

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Libyan Oil Minister Mohamed Aoun said on Saturday that the decision to assign Mustafa Sanalla as board chairman of the National Oil Corporation (NOC) in 2014 is “legally invalid” because it was not authorized by the ministerial council at that time.

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