Tag Archives | National Oil Corporation (NOC)

Int’l Community Reaffirms Support for NOC, CBL, LIA

Joint Communique on Libya by Algeria, Canada, Chad, China, Egypt, France, Germany, Jordan, Italy, Malta, Morocco, Niger, Qatar, Russia, Saudi Arabia, Spain, Sudan, Tunisia, Turkey, the United Arab Emirates, the United Kingdom, the United States, the European Union, United Nations, the League of Arab States, and the African Union. We welcome the participation of Prime […]

Can Libya find Unity through Oil?

By Jason Pack for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. For years, Western policymakers have sought to sweep the post-Moammar Gadhafi mess under the rug. Although they are not primarily responsible for the country’s post-Arab Spring implosion — as the recent […]

NOC calls for Sharara, El Feel Fields to Reopen Immediately

Libya’s National Oil Corporation (NOC) on Monday called for the immediate reopening of the pipelines in Rayayina which connect the Sharara and El Feel [El Fil, Elephant] oil fields in southwestern Libya with the Zawia refinery and Mellitah complex in the west of Tripoli. ‎ A local brigade of the southern branch of the Petroleum […]

Oil Crescent Ports: NOC Lifts Force Majeur, Exports to Resume

The chairman of the Tripoli-based National Oil Corporation (NOC), Mustafa Sanalla, announced today (Thursday) that he has visited Zueitina port and accepted the handover of the ports from the Libyan National Army (LNA) reporting to the House of Representatives (HoR). “NOC is in charge of the ports,” he said. “They are secure, and we have […]

Int’l Community Condemns Port Attacks

By John Lee. The international community has condemned this weekend’s attacks on Libyan oil terminals, and called on all parties to undertake an immediate ceasefire and to refrain from any further hostilities. Calling on all forces to avoid any action that could damage Libya’s energy infrastructure or further disrupt its exports, the Governments of France, […]

Interview: New LIA boss plans to fund Libyan Infrastructure

By Adam Nathan. The newly-appointed Chief Executive Officer (CEO) of the Libyan Investment Authority (LIA), the country’s sovereign wealth find, which holds $67 billion of assets, said he is seeking to work and co-invest with international investors including major oil companies to boost his country’s wealth. In his first interview with the media, Mr Ali Shamekh […]

Sanalla: Delays to NOC Funding Costing Libya Billions

The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, said on Monday that delays by The Financial Arrangements Committee of the Presidency Council in making budget funds available to the corporation are costing Libya billions of dollars in lost revenue and that these delays need to be explained to the Libyan people. “The Financial […]

Tender: New Reverse Osmosis Plant

The Main Tenders Committee of Azzawiya Oil Refining Company (ARC), a subsidiary of National Oil Corporation (NOC) of Libya, invites reputed and specialized local and international contractors to participate in the tender for the following project for prequalification purposes: Name of the Project New Reverse Osmosis Plant ARC intends to perform the works of design, […]