NOC chief and Arabian Gulf Company discuss plans to increase oil production

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NOC chief and Arabian Gulf Company discuss plans to increase oil production

January 11, 2021 - 21:44
Written by: RabiaGolden

The Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, discussed with several members of the Arabian Gulf Oil Company’s management, the daily general activities of the company and future plans of the NOC to increase rates of sustainable production.

The NOC clarified that during the meeting they discussed the problems faced due to electricity shortages in the company’s fields and the failure to liquidate approved budgets, which has seriously affected the sustainability of production.

Sanallah confirmed that the NOC is in regular communication with all authorities concerned in Libya, in order to obtain the necessary budgets which will enable the achievement of all of its goals.

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