Libya’s oil production is rising gradually after a blockade of its western fields ended and ports in the east re-opened, according to Oil Minister Mohamed Aoun.
The Minister of Oil and Gas, Mohamed Aoun, denied the disappearance of $324,000 from the Mellitah Company account within 3 days in August 2011 during his presidency of the company at the time.
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The Libyan National Oil Corporation (NOC) has announced that the Administrative Control Authority had invalidated the decision of the Minister of Oil, Mohamed Aoun, to suspend NOC Chair, Mustafa Sanalla, from work on October 14.
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Deputy Oil Minister Rifaat Al-Abbar has submitted his resignation to Prime Minister Abdul Hamid Dbeibeh, according to the Libyan government press office.
The power struggle between Oil Minister Mohamed Aoun, and Mustafa Sanalla, chairman of the National Oil Corporation (NOC), is “possibly deliberately manipulated” by Prime Minister Abdul Hamid Dbeibeh, says American reporter Jason Pack.
The suspension of Mustafa Sanalla, chairman of the National Oil Corporation (NOC), is still in effect “awaiting enforcement by authorities”, the oil ministry said on Monday.
Mustafa Sanalla will remain as the chairman of the National Oil Corporation (NOC) following a dispute with the oil ministry, which resulted in his suspension, Bloomberg reported on Monday, citing an official source.
Libya’s Oil Minister Mohamed Aoun has launched an investigation against Mustafa Sanalla, the chairman of the National Oil Corporation (NOC), over the latter’s refusal to hand over corporation leadership to Jadallah Al-Awkali, who was appointed by the oil ministry as the new NOC chairman last week.
“If the budget is not approved, there will be an impact and perhaps great difficulties in maintaining oil production rates,” Libya’s oil minister warned on Monday.