NOC assesses Benghazi mega-project

NOC assesses Benghazi mega-project

The divergent characters of the National Oil Corporation (NOC) and the Libyan Investment Authority (LIA) reflect the different roles that they each played during the Qadhafi era. As the country’s principal source of income it was essential that the NOC remained...
Will Libya’s economic reform package work?

Will Libya’s economic reform package work?

After the Government of National Accord (GNA) adopted an economic reform package — in line with the ceasefire agreement that was negotiated in Zawiya in early September — the UN Support Mission in Libya (UNSMIL) expressed its hope that the reforms would improve the...
Oil sector recovery continues in Libya

Oil sector recovery continues in Libya

Last week, for the first time since February, all of the country’s major oilfields and export terminals were operating; a small but necessary recovery for Libya’s oil sector. The El Feel (Elephant) field resumed production on 23 July for the first time since...