InternationalLNAMoney and BusinessNationalnewsPoliticsTerrorism

 Oil Sector Latest Updates

The Address | Benghazi – Libya

The General Commander of the LNA, Field Marshal Khalifa Belqasim Haftar, received Tuesday at the headquarters of the General Command in Rajma, member of the Management Committee of the National Oil Corporation (NOC), Jadallah Al-Awakli, and the head of the Management committee of the Arabian Gulf Oil Company (AGOCO).

During the visit, Field Marshal Khalifa Hafter received congratulations from his guests on the victories of the Libyan National Army against the terrorist organizations in the Oil Crescent region and the city of Derna, where they highly appraised the great and distinctive role of the LNA in the liberation of these areas.

They also confirmed their support for the General Command of the LNA, taking into consideration efforts of the LNA in removing the country from the grip of terrorist organizations and their agendas.

 

 

The Field Marshal also received a delegation of dignitaries, sheikhs, wise men, and activists of the Zla Basin for oil, gas and water, and members of the Social Council of the region.

The delegation praised the victories of the LNA in Derna and the Oil Crescent, conveying greetings from the entire population of Zla to the Commander of the LNA.

 

 

The Libyan Economy took an overturn where it declined excruciatingly, oil traders exploit the different exchange rates of Libyan Dinar between the official and the black market price, leaving the country receiving less than it is due for its crude as reported by the Independent.

“The country is sinking further into poverty and instability as the oil money disappears into foreign bank accounts. “the Independent added.

 

AGOCO is one of the largest oil companies in Libya, with its headquarters in Benghazi; and a daily production of 378 thousand barrels of oil a day operating all over the country.

 

The LNA welcomes the intentions of major countries for the fair distribution of oil revenues.

In addition to the prevention of manipulations within the Central Bank of Libya, as well as the removal of its governor. Where it was one of the main concerns in the 3+3 meeting in Rome.

 

Tags

Related Articles

Close