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  1. The central bank of Libya operates within the national system, receiving gross oil revenues which are then routed through the foreign bank mechanism.

NOC handles oil exports from Libya, with payments routed through the Libyan Foreign Bank, while a rival administration operates in Benghazi.

1 report, 1 independent Updated Jun 29
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What happened

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NOC handles oil exports from Libya, with payments routed through the Libyan Foreign Bank, while a rival administration operates in Benghazi.

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  1. Protesters shut down the Mellitah oil and gas complex, which is managed by the National Oil Corporation (NOC) in Libya.Sub-event
  2. NOC manages oil exports and payments are routed through the Libyan Foreign Bank.1 source

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