The meeting aimed to put forward appropriate proposals regarding the fuel quantities supplied and how to distribute them and sought to reduce fuel smuggling operations. Brega can meet market demand for fuelBelrahim stressed that the Brega Company has the full fuel capacity to meet the needs of the Libyan market for petrol and diesel, whether for daily individual consumption or commercial and industrial consumption. Brega can provide fuel seamlessly and reduce smugglingHe said Brega Oil Marketing Company was ready to implement all practical solutions issued by the National Oil Corporation to provide fuel to citizens permanently and without the occurrence of any crises, as well as contributing to reducing smuggling and tightening control over the distribution of petrol and diesel and ensuring that consumers always obtain them. It will be recalled that Brega is an NOC subsidiary and the fact that Bengdara suggested forming an independent committee to assess Libya’s fuel needs does not show confidence in his subsidiary. Libya’s annual fuel bill rose to US$ 12 bn due to increased electricity production (libyaherald.com)

Source: Libya Today November 07, 2023 06:58 UTC