Libya’s oil and gas revenues rose to $2.1 billion in July.
National Oil Corporation (NOC) recorded July 2019 income of 2.1 billion USD from sales of crude oil and derived products, in addition to taxes and royalties received from concession contracts – a month-on-month increase of 403 million USD (+23%). This month’s figures were inflated by a busy crude loading schedule…
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SepPakistan interested in cooperation with Libya on oil & gas sector.
National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla met with the Pakistani Ambassador to Libya, His Excellency Sajid Iqbal, on Monday. The two parties emphasized the special relationship between the two countries and the potential for enhanced cooperation, especially in the oil sector. Ambassador Iqbal conveyed Pakistan’s desire to explore…
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SepIranian tanker leaves Gibraltar after US legal move is rejected
THE Iranian-controlled crude tanker Grace 1 left Gibraltar late on Sunday evening after the British territory rejected a series of last-minute US requests to further detain the vessel. The move to allow Grace 1 to depart will raise hopes for the swift release of the 23 crew of the Gibraltar-flagged,…
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AugEthylene feedstock arrives Libya’s Ras Lanuf
Libya’s Ras Lanuf Oil and Gas Processing Company (RASCO), has received the first shipment of ethylene gas at its port as part of in efforts to restart its ethylene production. RASCO reported that the tanker Stella Kosan had docked with the first shipment of about 4,000 metric tons of ethylene…
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AugNOC completes offshore El Bouri maintenance works.
National Oil Corporation (NOC) chairman Eng. Mustafa Sanalla visited the offshore El Bouri oil field yesterday, meeting facilities staff while inspecting operations and recently completed maintenance works. The field, situated in Libyan waters approximately 120 kilometers north-west of Tripoli and operated by NOC subsidiary Mellitah Oil and Gas Company (MOG),…
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