National Oil Corporation under pressure, as Libyan president asks ‘where’s the money gone?’

Libya’s oil sector governance is under fire as never before, with Presidential Council head Mohammed Al-Menfi asking National Oil Corporation to explain its multi-billion-dollar spending over the past two years.

With oil production flatlining and gas production at risk of severe decline, Libya needs new field developments, but two of its biggest projects have become mired in allegations of corruption.

With potential ramifications for all those operating across a range of sectors in Libya, African Energy has been investigating these issues and more for a series of articles based on extensive source enquiries and documentary evidence.