Tag Archives | Sharjah

NOC Works to Block Eastern Oil Shipment

The Tripoli-based National Oil Corporation (NOC) is continuing efforts to stop the Tobruk/Baida administration from loading crude oil for export. In a statement, the company said: “Agoco, our subsidiary in the east, was instructed yesterday by a Beyda official to load a ship at Marsa el-Hariga. “[NOC chairman Mustafa Sanalla] notified Prime Minister Serraj and the Presidency Council, who understood immediately the seriousness of […]

Crescent Petroleum Considering Libya

Majid Jafar (pictured), the chief executive of UAE-based Crescent Petroleum, has said the company is considering entering Libya. Speaking to Reuters on the sidelines of the World Economic Forum (WEF) in Dubai, he said: "We are looking at entering Libya with the right opportunity. Other countries like Lebanon, despite plans being delayed, have been setting […]