The German ambassador to Libya, Oliver Owcza welcomed on Thursday the restructuring within the management committee of Brega Petroleum Marketing Company, expressing hope that the step would enhance the independence of the oil sector in the country.

"We join the UNSMIL in commending the NOC for completing this restructuring of Brega Company. We hope it contributes to strengthening the integrity and entrepreneurial independence of Libya’s oil production - to the benefit of all Libyans," the ambassador tweeted.

The NOC announced a few days ago the reconstructing of the management committee of Brega Company and appointed Ibrahim Abu Braida to preside the committee in replacement of Imad bin Koura.

Economy