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.
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Browsing: Mohamed Aoun
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.
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“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.
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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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Libya and Italy are carrying out talks on coordination to help Libyan transition to renewable energy, Libyan Oil Minister Mohamed Aoun said on Monday.
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Libyan Oil Minister Mohamed Aoun participated in the 19th ministerial meeting of OPEC+, which took place virtually on Sunday, according to a statement by the oil ministry.
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Oil Minister Mohamed Aoun told British ambassador Nicholas Hopton on Monday that his ministry is the political face front for any cooperation with British oil companies, according to a statement by the oil ministry. The minister added that the National Oil Corporation (NOC) and its subsidiaries are concerned with the technical aspect of running the ministry’s activities.
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Oil Minister Mohamed Aoun and officials of the National Oil Corporation (NOC) inspected the work progress of the Sirte Oil Company, during their visit to the Marsa Brega oilfields on Sunday.
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Mohamed Aoun, the oil minister of the interim government, confirmed on Tuesday that his government does not intend to reduce the budget submitted to the House of Representatives, which amounts to 93.8 billion Libyan dinars.
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