National Oil Corporation (NOC) is a national institution working for the benefit of all Libyans. It rejects any attempt to portray it as a participant in the war, or supportive of any side.
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%).
Pakistan interested in Libyan oil and gas sector cooperation
National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla met with the Pakistani Ambassador to Libya, His Excellency Sajid Iqbal, on Monday, August 26, 2019. The two parties emphasized the special relationship between the two countries and the potential for enhanced cooperation, especially in the oil sector.
National Oil Corporation (NOC) chairman Eng. Mustafa Sanalla spoke with the chairman of the Presidency Council (PC), Mr Fayez al-Sarraj to reaffirm the importance of the implementation of resolution 642 of October 24, 2013, mandating a 67 per cent pay-rise for oil and gas sector workers by virtue of the proposal submitted to the government at the time by NOC’s Board of Directors.
In cooperation with the southern branch of the Libyan Humanitarian Relief Agency and the Municipal Council of Wadi Utba, National Oil Corporation (NOC)’s sustainable development department has dispatched a relief shipment to the region of Murzuq in response to the ongoing humanitarian crisis in the area. Food and relief supplies arrived in Murzuq on Sunday, August 18, 2019, and were distributed to the many families displaced from their homes by the ongoing conflict.
NOC and BPMC report fuel distribution companies to GNA
In a letter addressed to the Presidency Council (PC), National Oil Corporation (NOC) and Brega Petroleum Marketing Company (BPMC) have alerted authorities about the failure of fuel distribution companies to collect and distribute allocated fuel.