Unpaid budgets threaten NOC production and sales

Issue 458 - 02 Apr 2022 - By John Hamilton

Libyan National Oil Corporation (NOC) chairman Mustafa Sanalla says outgoing Prime Minister Abdel Hamid Dabaiba’s Government of National Unity (GNU)’s failure to pay the national oil company’s budgets means oil production could fall at any moment – and there is no scope to increase gas exports to Italy.

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