Browsing: Mustafa Sanalla

The Libyan National Oil Corporation (NOC) announced that the net revenues for the month of August for the year 2021 from sales of crude oil, gas, condensates, petroleum products and petrochemicals reached record levels, driven by a recovery in prices around the world, where the level of crude oil reached 1,836,528,515.27 dollars, followed by gas and condensates, which reached 53,034,403.37 dollars.
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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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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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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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