Browsing: NOC

Libya’s oil production declined on Friday by about 6000 barrels per day from the production on Wednesday and Thursday, as the National Oil Corporation (NOC) said the crude oil production rates amounted to one million and 207 thousand barrels, while the production of condensate reached 52 thousand barrels.

Workers at Libyan oil and gas sector expressed their dissatisfaction and complete rejection of statements of US ambassador Richard Norland and UN advisor Stephanie Williams and “their blatant interference in the management of the oil sector in Libya,” pointing out that this is considered a violation of the state’s sovereignty and independence.

The Libyan National Oil Corporation (NOC) and its companies has achieved a relative increase in oil production, with current production reaching 860,000 barrels per day, while the pre-reopening production rate was 560,000 barrels per day, according to NOC.

Outgoing Libyan Prime minister Abdul Hamid Dbeibeh has admitted that he had made a deal to re-form the board of directors of the National Oil Corporation in exchange for solving the problem of the suspension of oil exports, in agreement with all the members of the new council who hail from different regions such as Zintan, Misrata, the South, Benghazi and the Oil Crescent region.

The Libyan outgoing Prime Minister, Abdel Hamid Dbeibeh, said the appointment of the new board of directors for the National Oil Corporation (NOC) came in agreement with several political parties, denying that any deal was made to change the former board headed by Mustafa Sanalla.