Libyan National Oil Corporation (NOC) has announced a decrease in its production of Es-Sidra crude by approximately 72% of the daily regular available capacity “due to deterioration of the oil sector infrastructure.”
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Libyan Oil Minister, Mohamed Oun, issued a decree on Thursday suspending the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, from work and referring him to administrative investigation “for violations”.
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The Libyan Prime Minister, Abdul Hamid Dbeibeh, affirmed his government’s full support for the oil sector as it is an important and vital sector and that it represents more than 95% of the revenues of the Libyan state.
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Libyan Prime Minister, Abdul Hamid Dbeibeh, has approved the construction of an oil refinery and cooking gas plant at Sharara field in Ubari town in the Southern region (Fezzan), according to Hukomatuna platform of the Government of National Unity (GNU).
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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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Prime Minister of the Libyan Government of National Unity (GNU), Abdul Hamid Dbeibeh, has issued a decree nullifying the decree of the Oil and Gas Minister, Mohamed Oun, to suspend the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla.
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The National Oil Corporation (NOC) announced the resumption of crude export operations on Friday morning, in both Esidra and Ras Lanuf ports, after a shutdown which lasted a day.
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Prime Minister of the Government of National Unity (GNU), Abdel Hamid Dbeibeh, said on Wednesday “the status of the National Oil Corporation (NOC) is being settled, or it is reconstituted, legally and administratively.”
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UN Support Mission in Libya (UNSMIL) welcomed on Tuesday the mediation exercised by Prime Minister of the Government of National Unity (GNU), Abdel Hamid Dbeibeh, “to ensure the unity and integrity of the National Oil Corporation (NOC).”
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Head of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, confirmed that the Oil Minister, Mohammed Oun, cannot legally suspend him from work or refer him for investigation.
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