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
NOC handles oil exports from Libya, with payments routed through the Libyan Foreign Bank, while a rival administration operates in Benghazi.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Protesters shut down the Mellitah oil and gas complex, which is managed by the National Oil Corporation (NOC) in Libya.Sub-event
NOC manages oil exports and payments are routed through the Libyan Foreign Bank.1 source
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The entities involved
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Libya
sovereign state in North Africa
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National Oil Corporation
Libyan state-owned oil company
Nothing else this week.
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Libyan Foreign Bank
Libyan banking institution
Nothing else this week.
Related events
- NOC manages Libya's proven oil reserves while Tripoli hosts the UN-recognized government.
- The National Oil Corporation (NOC) is currently supplying various fuels, including diesel and LPG, to the local market in Libya.
- Talks are underway regarding a power-sharing deal in Libya, involving discussions on unifying military and economic bodies and securing new oil drilling rights.
- EU funds Libya's coast guard to stop migrant flows while seeking to bolster economic cooperation.
- Political talks are underway to address management issues within Libya's oil sector.