Eastern-based NOC pulls out of Oil Agreement

By John Lee.

The chairman of the Eastern-based National Oil Corporation (NOC), Naji al-Maghrabi (pictured), has announced that he will not continue with the agreement to unify the rival eastern- and western-based oil organizataions.

According to a report last week from the eastern-based LANA news agency, one of he reasons for the decision was the failure of the National Oil Corporation to move its headquarters from Tripoli to Benghazi.

(Source: LANA East)

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