Sanalla calls out Bengdara’s ‘plan’ to give Al-Ghurair control of Libya’s Lerco refinery

Issue 468 - 15 Sep 2022 - By John Hamilton

Recently dismissed National Oil Corporation chairman Mustafa Sanalla claims his successor Farhat Bengdara is planning a deal with UAE-based Al-Ghurair Group over the Ras Lanuf oil refinery that could end up costing NOC up to $600m/yr. For a decade, Al-Ghurair subsidiary Trasta Energy and NOC have been in a relentless dispute over the Libyan Emirati Refining Company (Lerco) joint venture – and the refinery hasn’t operated since 2013.

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