The Chairman of the state National Oil Corporation (NOC), Farhat Bengdara, hosted Tuesday at the NOC’s Tripoli headquarters, several members of the NGO, the Libyan Economic Salon. The meeting discussed several topics related to the oil sector, most notably the NOC’s strategy for development, increasing production rates, and the possibility of financing the oil sector from outside the state budget. In an exclusive interview with Libya Herald, the Executive Director of the Economic Salon and Professor of Accounting at the Academy of Graduate Studies, Dr. Abu Bakr Abu Al-Qasim, said that several files were raised during the meeting. In a positive response, Bengdara agreed to the request, the Abu Al-Qasim reported, instructing the administration to publish information on a daily, monthly, and quarterly basis. 45 projects at US$17 billion agreed for increased oil production: But how?

Source: Libya Today November 24, 2023 07:32 UTC