Libya’s Oil Minister Wants NOC Chairman Out ...Middle East

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Libya’s Oil Minister Wants NOC Chairman Out
Libya’s Oil Minister Mohamed Oun has recommended to the government of national unity that it replace the long-serving chairman of the National Oil Corporation (NOC), Mustafa Sanalla, in a board reshuffle, Argus reported on Wednesday, citing a Libyan source. Since getting a unity government in March and a petroleum minister for the first time in five years, Libya has vowed it would raise its oil production, provided that the NOC receives the necessary funds. However, according to Argus, the tensions between the oil minister Oun and NOC’s…

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