Tag Archives: NOC

Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, on Saturday, expected the end of the development of the empty field by Al-Waha Oil Company, which will supply Al-Sireer station with electricity at the beginning of 2019. In a meeting held at the company’s headquarters in Benghazi with the presence …

Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, said that the oil sector faces great challenges, and that the workers face difficult circumstances as a result of what is “woven from plots and violations” and closure of oilfields, which are all attempts to undermine the role of the corporation …

The coordinator of the “Fazan Anger” movement Mesbah Ellafy, on Saturday, denied the relation between the members of the movement in Al-Sharara oilfield with any security threats to the field or its staff, pointing out that they reduced the number of protesters according to their agreement with the President of …

The National Oil Corporation (NOC), on Sunday, said that the continuation of the shut down of Al-Sharara field costs the economy $32.5 million a day. On its official site, the company stated on Saturday that the halt of the field will cause daily losses in production, estimatedly at 315 thousand barrels …

Council of the Arab League called on the House of Representatives (HOR) to accelerate the convening of a session to approve the referendum law on the Constitution, and to conduct the elections as soon as possible. At the end of its 150th session held at the headquarters of the League …

The National Oil Corporation (NOC) chairman, Mustafa Sanalla that the institution will not hesitate in carrying out its duties and responsibilities towards securing the source of the people’s income until the country reaches safety. During his visit to the injured staff of the NOC, Sanalla stressed that the safety of …

The National Oil Corporation (NOC) chairman, Mustafa Sanalla said on Monday “the attack on the headquarters of the Corporation shows the fragility of the security situation in the country”. Sanalla stressed the importance of additional security measures to ensure that the NOC is able to withstand those who seek to …

The National Oil Corporation (NOC) confirmed the availability of fuel despite the armed clashes taking place in the south of Tripoli. The NOC said on its official website on Sunday that there are alternative plans prepared by Brega Oil Marketing Company to market oil in advance to continue work on …

The National Oil Corporation (NOC) Board of Directors decided to restructure the management committee of Sirte Company for oil and gas production and processing. According to the NOC media office, under the issued resolution, Naji Mohamad Ihfaf will head the management committee, and joined in the management by Abed Elsalam …

The National Oil Corporation (NOC) chairman, Mustafa Sanalla said the Corporation is working to find alternative and long-term solutions that will enhance security in the oil fields and ensure the safety of workers. In his visit to the Sharara field, Sanalla was briefed on the new security arrangements that were …

The Chairman of the Board of Directors of the National Oil Corporation (NOC), Mustafa Sanalla discussed with the heads of companies preparations for the resumption of production and maintenance operations, export fields and oil ports, which were closed during the crisis of oil ports. The NOC in a statement to …

The exchange rate of the dollar fell on Wednesday against the Libyan dinar in the parallel market after the announcement by the National Oil Corporation (NOC) of receiving the oil ports and the lifting of the status of force majeure. The price of the dollar stood at 6,670 dinars, after …

The National Oil Corporation (NOC) announced the lifting of force majeure in the ports of Ras Lanuf,Es Sidra, Zueitina and Hariga after the facilities were handed over to the corporation on Wednesday morning. The Corporation’s media office announced that the production and export operations would return to normal level gradually …

UN Secretary-General António Guterres called for the transfer of oil ports to the control of the Government of National Accord (GNA) and its National Oil Corporation (NOC). On Tuesday, Guterres expressed his concern about the developments in the oil crescent region, stressing the exclusive management and sale of oil to …

The National Oil Corporation (NOC) chairman, Mustafa Sanallah said Haftar’s decision to hand over oil ports to the parallel institution is no different of what Al-Jidran Forces did, calling on the Government of National Accord (GNA) and international partners to take action against Haftar’s resolution. In a press release on …

The Government of National Accord (GNA) Finance ministry denounced the armed attacks on the oil crescent area, describing them as “terrorist.” The ministry said in a statement on Sunday, the head of the National Oil Corporation (NOC) said the losses caused by the attack, estimated at $ 880 million a …