UN Sanctions Committee committed to prevention of illegal oil sales.
In a meeting with NOC chairman, Eng. Mustafa Sanalla, on November 1, 2018, discussions focused on the role of NOC during this current transitional period and the challenges faced by the institution in maintaining Libyan stability. The Sanctions Committee chairman confirmed that all concerted efforts are being undertaken to support…
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NovWafa field gas compressor project nears completion.
Within the framework of ongoing efforts by the National Oil Corporation (NOC) to secure target quantities of natural gas, and the optimal utilization of reserves available within Wafa field NC-169, Mellitah Oil and Gas Co (MOGCO) is nearing the completion of a project to install four new gas compressors. This strategic…
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NovLibya’s future dependent on oil sector unity
In a speech on October 24, 2018, Eng. Mustafa Sanalla, chairman of the National Oil Corporation (NOC) asserted that Libya’s future is dependent on the unity of the oil and gas sector, and the rebuild of the economy through robust oil revenues. In an opening address at the inaugural Benghazi…
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OctThe 2020 IMO fuel sulphur regulation.
The International Maritime Organization (IMO) will enforce a new 0.5% global Sulphur cap on fuel content from 1 January 2020, lowering from the present 3.5% limit to a maximum of 0.5% will enter into force. The global fuel sulphur cap is part of the IMO’s response to heightening environmental concerns,…
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OctJoint statement by France, Italy, UK, and US welcomes return of oil terminals under legitimate NOC.
The Governments of France, Italy, the United Kingdom, and the United States, recalling their statement of 27 June 2018, welcome the announcement that Libya’s National Oil Corporation is resuming its vital work on behalf of all Libyans. We commend the legitimate National Oil Corporation as it repairs infrastructure, honors its…
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