Wednesday, October 8, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

NOC Accuses HCS of Destabilising Oil Sector

March 2, 2023
Share on FacebookShare on Twitter

On Wednesday, Libya’s National Oil Corporation (NOC) accused the Head of the High Council of State (HCS) Khaled Al-Mishri of “leading a systematic campaign to strike and destabilize”
the oil sector in the country.”

This came in response to Al-Mishri’s allegations that the NOC Chairman, Farhat Bengdara is a dual national, and holds Emirati citizenship.

The Corporation denounced his statements, saying that “Al-Mishri serves his partisan and ideological goals that are not hidden from anyone.” It also denied claims that the UAE had obtained special concessions in the Libyan oil sector.

“This campaign aims to strike the Libyan oil sector, and destabilize its administrative stability. It also aims to involve this vital strategic sector in Al-Mishri’s political struggles,” the NOC said in a statement.

The state-owned corporation expressed its regret at the” inappropriate level reached by Al-Mishri, in settling a personal dispute with an independent, sovereign Libyan national institution.”

It also called on the HCS to “compel Al-Mishri to “stop using his official capacity to settle scores and his dishonourable battles.”

The NOC requested an official apology for “his transgressions and fabrications,” noting that it will “resort to the judiciary if he does not stop his allegations.”

Last month, the NOC’s Board of Directors launched the development of a new strategy for the oil and gas sector in Libya. This will focus on the NOC and its subsidiaries, in partnership with leading US consulting firm, Kearney.

According to a statement by the corporation, the Strategic Programs Office was established to oversee the strategy and ensure the NOC delivers for people across Libya, and its strategic domestic and international partners.

The new unit will be responsible for critical initiatives and programs that include the empowerment of youth in the oil and gas sector in Libya, renewable energy projects, reducing environmental damage in oil fields, and institutional development.

Libya produces about 1.2 million barrels per day (BPD). Bengdara said the new plan aims to raise the production to 2 million bpd.

  • Saleh & Al Mishri to Hold Talks on Constitution
  • Al-Mishri Calls to Postpone Libya’s December Elections
  • German Ambassador Urges Libya to Focus on Elections
  • Al-Mishri Urges Libyans to ‘Boycott’ December Elections
  • After Calling to Boycott the Elections. Al-Mishri Meets Erdogan in Ankara
Tags: High State CouncilKhaled Al MishrilibyanocOil Corporation
Next Post

Libya's Al-Mishri Rejects Calls to Readmit Syria to Arab League

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Russia Accuses Libya’s Dbaiba Government of Aiding Ukrainian-Backed Militants in Africa

Libya Records 1st Confirmed Case of Q Fever in Livestock

Egypt & Germany Reaffirm Support for Libyan-Led Political Solution

Greece & Egypt Highlight Libya’s Stability & Migration Control

Libya Moves to Strengthen Energy Exports to Italy

Libya & France Discuss Maritime Cooperation

EDITOR PICKS

Libya Leads North Africa in 2025 World Happiness Rankings

IOM Warns of Growing Vulnerability Among Migrants in Libya

Libya & Turkey Discuss Enhancing Infrastructure Cooperation

Libya Miss Out on World Cup Spot After Draw with Cape Verde

Central Bank of Libya Expands Foreign Reserves Amid Rising Gold Prices

Libyan Police Commemorate 61 Years of National Service

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR