Chairman of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, said they are considering the declaration of the state of force majeure within the next 72 hours unless production and shipping is resumed at the oil ports in the Gulf of Sirte.
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Libyan outgoing Prime Minister, Abdul Hamid Dbeibeh, announced Thursday his approval of the proposal of the Oil Minister, Mohamed Aoun, to change the board of directors of the National Oil Corporation (NOC), headed by Mustafa Sanalla.
Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, met on Wednesday with the Director General of the British Schlumberger Oil Company – Libya Branch, Mustafa Ajaj.
Head of the Zueitina Oil Port Workers Union, Maree Bridan, confirmed the continuation of the port closure and the cessation of oil exports.
Chairman of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, said there are exciting capabilities in Libya to develop hydrocarbons to provide Europe with oil and natural gas through the sea by the pipelines using the existing infrastructure, according to NOC.
The U.S. Embassy in Libya has announced that it “fully supports the temporary freezing of oil revenues in the National Oil Corporation account at the Libyan Foreign Bank until there is agreement on a revenue management mechanism.”
The U.S. Embassy in Libya said that responsible Libyan leaders must recognize that the shutdown harms Libyans throughout the country and has repercussions across the global economy, and should end it immediately.
Chairman of Libyan the National Oil Corporation, Mustafa Sanalla, has urged Akakus Oil Operations Company to carry out the necessary maintenance operations for the oil transmission pipelines.
Tribal and social factions announced on Saturday shut down of the El Feel oil field in Ubari, Fezzan and the suspension of oil and gas production, in addition to exports from the Zueitina oil port in Eastern Libya.
Planning and Finance Minister of the new Libyan government, Osama Hammad, described the National Oil Corporation’s transfer of $6 billion to the account of the Finance Ministry of Dbeibeh’s government at the Central Bank of Libya (CBL) as a violation of the law and all instructions issued by the competent authorities in this regard.