Local News: General News
Minister of Finance and NOC Chairman discuss a plan to develop and increase oil production rates.
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Tripoli, 15 July, 2022 (Lana) - Minister of Finance, Khaled Al-Mabrouk met with Chairman of National Oil Corporation, Farhat bin Qadara, Thursday, at the headquarters of the Ministry of Finance in Tripoli.Al-Mabrouk congratulated the new Chairman of NOC on assuming his duties in managing the Corporation for this stage. The meeting also dealt with some topics of interest to the oil sector, including the decision of the Council of Ministers to adopt temporary financial arrangements for the Corporation, as well as follow-up to increasing... Read more
US Ambassador on developments taking place at the National Oil Corporation, asks, will Libyan leaders realize that these developments demonstrate urgent need for political will to reach a compromise, and prepare for reconciliation and elections?
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Tripoli, 14 July 2022 (Lana) U.S Ambassador and Special Envoy to Libya Richard Norland said that "the decision to change the board of directors of the National Oil Corporation may be challenged in court, "but the issue must not develop into an armed confrontation." Norland said Thursday in a series of tweets posted by the U.S. Embassy on its Twitter account, that he is following "with great concern" developments surrounding the institution, "which are vital to Libya's... Read more
Ben Gddara: One of the priorities of the management of the Corporation is activation of governance systems and commitment to implementation of Libyan oil law.
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Tripoli, 14 July 2022 (Lana) The newly-appointed Chairman of the Board of Directors of the National Oil Corporation (NPC) Farhat Bin Gddara asserted that one of the priorities of the Corporation's management will be the activation of governance systems and commitment to the implementation of the Libyan oil law, which defines relations with international institutions. "We will work with the highest standards of transparency by disclosing revenues, the way they are... Read more
The British Embassy in Libya shares U.S. Embassy's deep concern about developments surrounding the National Oil Corporation.
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Tripoli, 14 July 2022 (Lana) The UK Embassy in Libya has said it shared the U.S. Embassy's concern about developments surrounding the National Oil Corporation in Libya, and the need to protect and respect the independence and safety of the institution. The British Embassy reposted, on its official page, the tweet of US Ambassador Richard Norland, in which he announced with deep concern developments surrounding the National Oil Corporation, which is vital to Libya's... Read more
New Chairman of the National Oil Corporation: the new board of directors will meet in full next week and I consider myself to be exercising these tasks in accordance with the law.
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Tripoli, 14 July 2022 (Lana) The new Chairman of the Board of the National Oil Corporation Farhat Bin Gddara said the new board of directors will meet in full next week and “I consider myself to be exercising these tasks in accordance with the law. "“I will work to get the oil exports back to the maximum possible levels, and next week there will be good news in this regard, and those who object to the decision of my assignment have to go to justice, and I will leave the institution if... Read more