Dbeibah’s Sept. 14 decree, which was seen by Bloomberg, effectively nullifies an earlier decision by the oil minister, who sought to suspend the National Oil Corp.’s, Mustafa Sanalla. Oil Minister Mohamed Oun’s August decision had been predicated on a claim that Sanalla had traveled abroad without approval — a “violation” of ministry policy. The formation of the oil ministry created administrative overlap with the NOC, resulting in ambiguity over who’s best equipped to run the vital sector. Relative political stability over the past few months resulted in output hovering at almost 1.2 million barrels per day. Interrupting that cash flow could undermine political stability, including much-anticipated December elections.

Source: Libya Today September 19, 2021 15:33 UTC