Tag Archives | Transparency

Silence on Oil Deals “a Setback for Transparency”

The National Oil Corporation (NOC) has told Reuters that it will not reveal the details of its oil sales this year. While oil producers commonly keep details of crude deals secret, the agency reports that Libyan officials promised to publish details of Libya’s oil deals following more than 40 years of secrecy under the Gaddafi […]

Libya Improves Transparency Ranking (Slightly)

Transparency International has said that Libya improved its position slightly in the global Corruption Perceptions Index (CPI). In the latest annual list, Libya moved up from position 168 to 160, out of 176 countries. This result puts it ahead of countries such as Zimbabwe, Iraq, and Somalia (which came last), and just behind Laos, the […]

Libya’s oil flows at 750,000 bpd, recovery

Libyan oil output has climbed to 750,000 barrels per day (bpd) and remains on track to reach pre-war production levels by the end of next year, the chairman of the National Oil Corporation (NOC), Nuri Berruien said on Thursday. Before the February uprising, Libya pumped some 1.6 million bpd, but civil war brought flows to […]