New Deputy Chairman for NOC

The internationally-recognised government of Abdullah Al-Thinni has named Mohamed Al-Arabi as deputy chief for the National Oil Corporation (NOC).

The move comes one month after appointing Al-Mabrook Buseif as the organisation’s chairman, while merging the Ministry of Oil and Gas and the NOC into a single body, reports Libya Herald.

Al-Thinni said last week that the government is setting up a new settlement mechanism for payment for oil, to ensure that revenues do not reach Tripoli banks and possibly fall into the hands of Libya Dawn.

(Source: Libya Herald)

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