‎The Libya Africa Investment Portfolio (LAIP) reported today that its subsidiary, the Libya Oil Joint Company, received, on Sunday, 9 June, a team of experts from the United Nations tasked with discussing some important topics with various Libyan institutions. ‎Overview of Libya OilLAIP reported that its Chairman, Khalifa Al-Shaibani, held a meeting with the UN team, where they reviewed the history of the company’s establishment, the nature of its work, the mechanisms of its management, its role as a company for marketing petroleum products in the Libyan market, as well as the size of its workforce, and the company’s wide geographical spread through a huge network of stations spread in strategic locations throughout the Libyan. These include 307 stations between company owned and privately owned, linked by operating and supply contracts. These provide various services, including the sale and distribution of fuel, the provision of related products of various industrial oils and greases, in addition to the company’s possession of a mobile fleet equipped to transport and distribute oil and gas products on demand.‎Commitment to the legal legislation and administrative standardsDuring the meeting, the Chairman of Libya Oil Joint Company stressed the company’s commitment to the legal legislation and administrative standards governing institutional work in Libya. ‎He stressed the company’s keenness to organize the distribution of fuel in a way that ensures its smooth provision to citizens throughout the Libyan territory.

Source: Libya Today June 12, 2024 14:44 UTC