Farhat Bengdara, newly appointed as chairman of the Libyan state National Oil Corporation (NOC), at a news conference in Tripoli, Libya, July 14, 2022. (REUTERS/Hazem Ahmed)ReutersTRIPOLI: Libya's Tripoli government said it had installed a new National Oil Corporation (NOC) chairman in the state producer's headquarters on Thursday amid a power struggle to control a company whose revenues are the source of all state funding. However, Bengdara held a news conference at NOC headquarters soon afterwards and a Reuters photographer said the situation there seemed calm. Two NOC affiliates - Al Waha Oil Co and Arabian Gulf Oil Co - tweeted support for the new NOC board before Al Waha swiftly deleted its message. The other legislative body, the Tripoli-based High State Council, called on Dbeibah to revoke the decision to install a new NOC head.

Source: Libya Today July 14, 2022 16:54 UTC