Thursday, April 30, 2026
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

UN Pledges Support for Libya’s Oil Sector Reform

October 16, 2025
UN Pledges Support for Libya’s Oil Sector Reform

UN Pledges Support for Libya’s Oil Sector Reform

Share on FacebookShare on Twitter

The United Nations Support Mission in Libya (UNSMIL) has reiterated its strong support for the National Oil Corporation (NOC) and ongoing efforts to strengthen transparency, accountability, and governance in Libya’s vital energy sector.

Deputy Special Representative of the UN Secretary-General for Libya, Stephanie Khoury, met with NOC Chairman Masoud Suleiman in Tripoli to discuss strategies to boost oil and gas production, improve management efficiency, and promote sustainable development in the sector.

The meeting also reviewed progress in the current licensing round for exploration and production rights, launched by the NOC in March 2025, which aims to attract new international investment and revitalize Libya’s energy industry after years of disruptions and conflict.

According to a statement released by UNSMIL, Khoury emphasized that maintaining the stability of the NOC’s leadership is essential for advancing governance reforms within the corporation and across the broader energy sector. She noted that effective leadership and consistent management practices are crucial to restoring confidence in Libya’s ability to manage its natural resources responsibly.

Khoury reaffirmed the UN’s full support for the NOC’s modernization and institutional reform efforts under Chairman Suleiman, praising the corporation’s central role in maintaining Libya’s economic stability.

She underscored that transparency and accountability must remain key pillars of the NOC’s operations to ensure that the benefits of the country’s vast energy resources reach all Libyans.

Tags: Developmentlibyanocoilunsmil
Next Post
EU Agency Records Sharp Increase in Crossings From Libya to Crete

EU Agency Records Sharp Increase in Crossings From Libya to Crete

POPULAR CATEGORIES

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

MUST READ

Libya & EU Hold Talks on Migration & Security

Libyan Court Sentences Three to Death in Drug Trafficking Case

Maltese Man Arrested in Libya Sentenced to 10 Years in Prison

Damaged Russian Tanker Brought Under Control By Libyan Authorities

Libya Looks To Boost Tourism As Benghazi Prepares International Expo

Egyptian Developer Doja Targets Libya With New Benghazi Projects

EDITOR PICKS

After Years Away, UNESCO Restarts Work In Libya With New Development Plans

Libyan Parliament Speaker Holds Talks With Italian Officials

Libyan Embassy in Damascus Denies New Entry Restrictions

UN Chief Urges Tougher Action On Libya Arms Embargo

Egyptian Developer Doja Targets Libya With New Benghazi Projects

Libya Looks To Boost Tourism As Benghazi Prepares International Expo

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

© 2024 LR

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

© 2024 LR