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Tag Archives: Libya National Oil Corporation

The head of the National Oil Corporation Mustafa Sanalla: The opening of a procurement office for the organization in #Houston is a strategic decision

The head of the National Oil Corporation, Mustafa Sanalla, announced on Wednesday the opening of a procurement office in Houston, Texas to support the organization’s efforts to restore production capacity. He added that the office will place the corporation at the heart of the oil industry in America. In turn, …

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World Bank Warns of Weak Libyan Economy

(Author: Libyan Gazette Editorial Staff) People frustrated by rising prices of everyday commodities are lining up outside of Tripoli’s cash strapped banks. A report recently released by the World Bank states that there has been a “substantial loss in real purchasing power of the population”, as the prices of groceries …

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