NOC must be distanced from political strife, Al-Nuwairi says

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NOC must be distanced from political strife, Al-Nuwairi says

December 08, 2021 - 12:11
Written by: SafaAlharathy

The Acting House Speaker, Fawzi Al-Nuwairi, has stressed the need to avert the National Oil Corporation (NOC) from all disputes that might hinder its chief mission of supporting the national economy.

Al-Nuwairi was commenting on the issue during a meeting with the head of the NOC, Mustafa Sanalla, in Tripoli to discuss the difficulties hindering the oil and gas sector.

The meeting reviewed the challenges that the Corporation and its companies face, most notably the scarcity of required financial budgets to ensure the continuation of the production process, and support the state's treasury, according to a statement by the NOC.

Sanalla said the oil industry is an essential pillar to the national economy, expressing his optimism that all "responsible authorities" would stand by the oil sector.