By John Lee. On Sunday, December 6, 2020, the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, met with Dr. Ali Hassan Mahmoud, Chairman of the Libyan Investment Authority (LIA), in the presence of some of the advisors, legal professionals and specialists in the relevant departments of both parties. During the meeting, several topics […]
Tag Archives | Mustafa Sanalla
ENI discusses Renewable Energy Projects with NOC
The Head of the Presidential Council of the Libyan Government of National Accord (GNA), Fayez al-Sarraj, met in Tripoli with Eni's CEO Claudio Descalzi to discuss Eni's continuous support to the country for the access to energy as well as business continuity. Claudio Descalzi reaffirmed to al-Sarraj the full commitment of the company to its […]
Meeting between NOC and PFG
ASRSG Stephanie Williams attends the first meeting between NOC and the PFG commanders of eastern and western regions, hosted by Breiga's Sirte Oil Company Acting Special Representative of the Secretary-General for Libya Stephanie Williams attended a meeting on Tuesday hosted by Sirte Oil Company in Marsa Brega, bringing together the Chairman of the National Oil […]
UK business urged to seek Opportunities in Libyan Oil, Gas
By John Lee. The Chairman of Libya's National Oil Corporation (NOC), Mustafa Sanalla, has out the enormous opportunities which Libya offers to internationally competitive UK companies in its oil and gas sector. He told a meeting of the influential Libyan British Business Council (LBBC) in London that projects worth many billions of dollars could be […]
NOC confirms Continuation of Force Majeure at Ports
The National Oil Corporation (NOC) has confirmed the continuation of force majeure on Hariga, Brega, Zueitina, Es Sider and Ras Lanuf ports, following orders by Major General Nagi al-Moghrabi, commander of the Petroleum Facilities Guard (PFG) in the Eastern Region, and Colonel Ali al-Jilani from Greater Sirte Operations Room, to NOC subsidiaries on January 17, […]
Austerity Measures due to Blockade of NOC Facilities
By John Lee. The National Oil Corporation (NOC) has said that it has implemented austerity measures due to what it described as the "continued illegal shut down of facilities". The corporation said it is yet to receive its 2020 budget after more than 70 days of the new year which will force it and its […]
NOC Condemns Calls to Blockade Oil Facilities
The board of directors of the National Oil Corporation (NOC) strongly condemns calls to blockade oil ports ahead of the Berlin Conference on Sunday. NOC Chairman Mustafa Sanalla said: “The oil and gas sector is the lifeblood of the Libyan economy and the single source of income for the Libyan people. The oil and the […]
Libya aims to raise Oil Production to 2.1m bpd
By Adam Nathan (@adamgnathan). Mustafa Sanalla, Chairman of the National Oil Corporation (NOC), said Libya plans to raise its oil production level from 1.25 million barrels a day now to 2.1 million bpd by 2024. Sanalla revealed the ambitious production target at a one-day conference organised by the Libyan British Business Council (LBBC) in Tunis […]