BusinessLibyaPolitics

NOC ends division of oil sector, merges parallel management employees

The National Oil Corporation (NOC) announced the end of the division in the Corporation and the inclusion of all employees of the Parallel Corporation to the staff of the NOC and its subsidiaries, according to the sector’s need for the functional specializations of those concerned.

The agreement, which was sponsored by the Government of National Unity, was made in agreement with the Chairman of the Energy and Natural Resources Committee in the House of Representatives and the Chairman of the National Oil Corporation in Tripoli, according to a statement by the NOC on its Facebook account.

Commenting on the decision, NOC Chairman Mustafa Sanalla, added that this decision took some time to work on, as it ended the era of division in the oil sector forever, praising the role of the national unity government, which paid special attention to the issue of unifying the economic institutions of the Libyan state, as he described it.

At the same time, he stressed the need to preserve the unity of the sector and keep it away from rivalries, and pour all the attention to attract investment, increase production and achieve huge returns to the Libyan state treasury, to strengthen the national economy.

It is noteworthy that this decision precedes the expected meeting on Sunday, which will be chaired by the Prime Minister and will bring together Oil and Gas Minister Mohamed Aoun and the head of the NOC, Mustafa Sanalla, after a sharp dispute erupted between them over the ministry’s demand to reform the Corporation’s Board of Directors.

Tags

Related Articles

Back to top button
Close