The Special Envoy of the United States to Libya, Ambassador Richard Norland engaged in discussions with Farhat Bengdara, the Chairman of the National Oil Corporation (NOC), to explore strategies aimed at enhancing the corporation’s oil production.
Following their meeting on Wednesday, Ambassador Norland underscored the pivotal role of Libya’s economic future in the energy sector. He emphasised the vital necessity of preserving the technocratic integrity of the NOC’s leadership.
In a tweet from his official social media account, Norland commended the NOC for its dedication to a more environmentally sustainable future, and for unveiling its fresh approach to carbon removal at the UN Climate Change Conference.
Ambassador Norland conveyed the United States’ eager anticipation of forging a partnership with the NOC to jointly realize their climate-related objectives.
In a recent statement, Bengdara emphasised the corporation’s continuous efforts to achieve a crude oil production of two million barrels, and secure energy sources for European partners.
This ambitious global strategy aims to position Libya among the leading oil and gas-producing countries.
Bengdara highlighted NOC’s commitment to enhancing the national economy and managing the energy sector with transparency.
This approach is focused on securing energy sources both domestically and internationally, achieving sustainable development, as well as bolstering the oil industry and human investment.
The NOC launched a comprehensive human investment program, including the training of over 8,000 young men and women in oil-related disciplines.
In addition, the corporation is committed to adhering to the resolutions of the COP28 Climate Conference held in Dubai, which includes reducing carbon emissions and eliminating approximately 14 million tons of oil waste.
This proactive stance by Libya’s NOC signifies a significant step towards economic revitalisation and environmental responsibility, positioning Libya as a key player in the global oil and gas industry.