Libya’s under-fire Prime Minister Abdelhamid Dbeibeh on 13 April launched an “oil and gas sector development plan” in which the National Oil Corporation (NOC) would receive LD37.64bn ($8.4bn) over three years and focus its immediate efforts on reaching 1.45mn b/d by the end of 2022. Libya’s current production capacity stands at around 1.2mn b/d.
But the man tasked with implementing the plan, NOC chairman Mustafa Sanalla, wasn’t present. Nor was oil minister Mohammed Aoun who released a statement saying he regretted not being consulted. (CONTINUED - 596 WORDS)
