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Home Politics

Int'l Community Welcomes National Oil Corp Agreement

12th July 2016
in Politics, Security
NOC Asserts its Independence of Rival Factions
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Joint statement on Libya by the Governments of France, Germany, Italy, Spain, the United Kingdom, and the United States.

The Governments of France, Germany, Italy, Spain, the United Kingdom, and the United States welcome the agreement between National Oil Corporation (NOC) Chairman Mustafa Sanalla, and NOC Board member, Dr Nagi el-Maghrabi, strengthening the unity of the Corporation.

We urge all Libyans to work together to restore Libya’s oil production and exports, and stress the importance of Libyan resource wealth being used for the benefit of all Libyans, as underlined by the Governing Principles of the Libyan Political Agreement (LPA) signed on 17 December 2015, as well as UN Security Council Resolution 2259 (2015).

We reaffirm our readiness to use, at the request of the Government of National Accord, all measures set out in resolution 2146 (2014), to halt the illicit shipment of oil from Libya and to sanction those who seek to exploit or divert Libya’s oil or oil wealth. Libya’s national economic institutions, including the Central Bank of Libya, National Oil Corporation, and Libyan Investment Authority, must remain united under the sole stewardship of the GNA and must use Libya’s resources for the benefit of all Libyans.

The Governments of France, Germany, Italy, Spain, the United Kingdom, and the United States continue our strong support for the GNA, as stated in the Rome Communique of December 13, 2015, and endorsed in UN Security Council Resolution 2259.

(Source: UK FCO)

Tags: Central Bank of Libya (CBL)featuredFranceGermanyGovernment of National Accord (GNA)ItalyLibyan Investment Authority (LIA)National Oil Corporation (NOC)SpainUnited KingdomUnited States

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