International follow-up committee on Libya welcomes NOC's recommendations on resuming operations

International follow-up committee on Libya welcomes NOC's recommendations on resuming operations

July 08, 2020 - 12:00
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Written By: SafaAlharathy

Experts of the Economic Working Group of the International Follow-up Committee on Libya have reiterated full support for the National Oil Corporation (NOC) and the need for lifting the force majeure nationwide to resumes its vital work.

On Tuesday, the UN mission stated that the meeting which took place on Monday comes within the framework of the ongoing Berlin process.

The statement indicated that the working group welcomed the Chairman Sanalla’s presentation on technical steps to restore NOC operations, prevent further degradation of critical infrastructure, ensure the safety of NOC personnel and facilities, and ensure that revenues are not misappropriated, in cooperation with UNSMIL, without giving details on the proposal.

The working group welcomed "this positive vision" and encouraged all Libyan parties to facilitate NOC operations, the UNSMIL noted.

"Allowing the NOC to resume its vital work, on the basis of transparency and a firm commitment to ensure no illicit use of revenues, will create the conditions for a common understanding among Libyans on an equitable distribution of oil and gas revenues," the UNSMIL explains.

The working group called on the United Nations Support Mission in Libya to intensify its work through the Berlin economic track to support such a Libyan consensus and promote financial transparency.