Tag Archives | Rosneft

Rosneft starts to Lift Oil from Libya

By John Lee. Russia's Rosneft has started to lift oil from Libya. Mustafa Sanalla, Chairman of the National Oil Corporation (NOC), told reporters on Monday: "It is a one year contract and they are lifting one-two cargoes on a monthly basis." (Source: Reuters)

NOC warns Oil Market against Illegal Contracts

By John Lee. The National Oil Corporation (NOC) has reasserted that it is the only body authorised by the United Nations to export crude oil and oil products from Libya. The NOC confirmed that term contracts covering the entire production for 2017 for all Libyan crude grades have already been entered with 16 international oil […]

Russia's Rosneft signs Oil Deal with NOC

Libya's National Oil Corporation (NOC) and Rosneft of Russia have signed a Cooperation Framework Agreement that lays the groundwork for investment by Rosneft in Libya’s oil sector. The agreement was signed in London by NOC chairman Mustafa Sanalla and Rosneft chairman Igor Sechin at the margins of London’s International Petroleum Week, a gathering that brings […]