Libyan oil industry braces for NOC budget cuts


Issue 158 - 06 Mar 2009 | 3 minute read

National Oil Corporation (NOC) may face large cuts in its budgets for the year ahead reflecting the fall in the price of oil. As African Energy was going to press, the annual General People’s Congress (GPC), which plays the role of parliament in the Jamahiriya (State of the Masses) system,

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