Benghazi – The House of Representatives’ Energy and Natural Resources Committee welcomed an announcement. The announcement confirmed the full return of the Ras Lanuf refinery to Libyan state ownership. This followed the completion of the foreign partner’s exit procedures. All shares were transferred to the National Oil Corporation.
In a statement, the committee praised this development. It called the move an important step. This step enhances national sovereignty over key strategic oil and gas facilities. The committee affirmed it supports the stability of this vital sector.
The committee also clarified this achievement. It reflects the National Oil Corporation’s efforts to protect state assets. It also shows efforts to develop the sector. These actions serve the public interest.
The committee extended its thanks to former and current National Oil Corporation administrations. It recognized their continuous efforts over past years. These efforts paved the way for this outcome.
Finally, the committee reiterated its full support for the National Oil Corporation. This support is for its plans to develop oil production. It also ensures sustainability. These plans will serve the national economy. They will meet the aspirations of the Libyan people.