Tag Archives: Mustafa Sanalla

(Author: Libyan Gazette Editorial Staff) On Sunday, Libya’s state oil corporation announced that it will not get involved with the Organization of the Petroleum Exporting Countries (OPEC)’s oil production cuts in the the “foreseeable future”. According to the National Oil Corporation (NOC)’s Chairman Mustafa Sanalla, since Libya has only recently …

(Author: Libyan Gazette Editorial Staff) Oil production decreased to 523,000 barrels a day, said Mustafa Sanalla, the chairman of Libya’s National Oil Corporation, on Wednesday. Sanalla said oil production is likely to recover and even reach 600,000 barrels a day by Thursday. Oil production was interrupted when work at Al-Dafa …

(Author: Libyan Gazette Editorial Staff) Libya’s state oil corporation (NOC) held a meeting in Tripoli with its directors of maintenance units from various oil firms in Libya. The purpose of the meeting was to address issues regarding maintenance work at the oil facilities and discuss solutions to fix pipelines that …

(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 …

(Author: Libyan Gazette Editorial Staff) Oil exports from Libya have increased significantly since force majeure was lifted on three of the North African country’s major oil facilities. On Wednesday, Mustafa Sanalla, the chairman of Libya’s National Oil Corporation, said current oil production in Libya has reached 540,000 barrels of oil …

(Author: Libyan Gazette Editorial Staff) Revenue from Libya’s oil exports will be going to the central bank in Tripoli, said officials from the eastern parliament in Libya, despite the eastern parliament’s recent vote of no confidence for the Government of National Accord (GNA) based in Tripoli.   Major oil terminals …

(Author: Libyan Gazette Editorial Staff) It has been five years since Libya’s oil industry was operating at full capacity and only recently were Libyans able to reopen the country’s major oil ports to resume oil production and exports. Before the 2011 uprising, Libya was producing around 1.6 million barrels per …

(Author: Libyan Gazette Editorial Staff) The National Oil Corporation (NOC), Libya’s state oil company, announced on Thursday that force majeure has been lifted on Libya’s biggest oil terminals and exporting will begin shortly. “Exports will resume immediately from Zueitina and Ras Lanuf, and will continue at Brega … exports will …

(Author: Libyan Gazette Editorial Staff) The Petroleum Facilities Guard (PFG) stopped oil production of two oilfields after the Libyan unity Government (GNA) did not pay for the security of the oilfields, said Mohammad Ahmad Alkhbasha, a brigade commander on Tuesday. Alkhbasha said the PFG in the south closed the Gulf …

(Author: Libyan Gazette Editorial Staff) An Oil tanker sent by the Libyan National Oil Corporation (NOC) began to load a shipment of oil on Thursday from the Zueitina oil port after forces loyal to General Khalifa Haftar allowed the tanker to dock, said an official from the port. Earlier this …

(Author: Libyan Gazette Editorial Staff) Mustafa Sanalla, Chairman of Libya’s National Oil Corporation of Libya (AFP Photo/Justin Tallis) Rising tensions among opposing groups in Libya could potentially cause further delay in opening the largest oil ports in the country. The Es Sider, Zueitina and Ras Lanuf oil ports have not …

(Author: Libyan Gazette Editorial Staff) Oil shipments will resume from the port of Marsa el-Hariga after an agreement was reached during talks in Vienna on Monday between Libya’s National Oil Corporation (NOC) based in Tripoli and a rival oil company in the east. Exports from the Hariga port have been …