GNU discusses implementing the budget of NOC

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GNU discusses implementing the budget of NOC

May 25, 2022 - 11:14
Written by: LibyaMohammed

Representatives from the Audit Bureau, the Central Bank of Libya (CBL), the National Oil Corporation (NOC), and the Ministries of Finance and Planning have discussed mechanisms for implementing the extraordinary budget of the NOC.

The officials agreed on a number of administrative, financial and technical measures that contribute to activating the plan of the NOC, according to the media office of the Government of National Unity (GNU).

The NOC had stopped all developmental and exploratory drilling for new wells in all Libyan fields and ports due to the delay in liquidating the approved budgets for 2022.