National Oil Corporation | Egypt Oil & Gas - Part 2

Oil Traders, Libya’s NOC Uncertain over Crude Export

Oil traders who specialize in purchasing cargoes from Mediterranean ports have low confidence in the imminent resumption of shipments from two key Libyan terminals, even after a deal was struck in July to reopen the f...

Libya’s Oil Output at Risk as NOC Chief Blasts Port Deal

Head of Libya’s Tripoli-based National Oil Corporation (NOC), Mustafa Sanalla, has explicitly objected to a deal between the UN-backed government and the Petroleum Facilities Guards (PFG) to reopen key ports, th...

Libya to Resume Oil Shipment

Libya will resume oil shipments from the port of Marsa El Hariga after an agreement was reached at talks in Vienna between rival oil officials representing the east and west of the country, Reuters reported. Eastern N...

Libya’s NOC Supports UN-Backed Unity Government

Libya’s National Oil Corporation (NOC) said it was working with the U.N.-backed unity government to coordinate future oil sales and “put a period of divisions and rivalry behind us,” according to Reuters. The unity go...

Libyan Oil Pipeline Hit by Blast

A major Libyan oil pipeline south of Ras Lanuf, which runs from the Tibisti and Bayda fields and has been closed for more than two years, was hit with an explosion on December 14th, Reuters reports.  The Libyan Nation...

Libyan Oil Output Remains Under 400,000 Barrels per Day amid Instability

Libya’s crude oil production remains less than 400,000b/d, the Tripoli-based National Oil Corporation (NOC) announced, according to Arab News. The NOC operates many of the fields and facilities which have come under a...

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