US is closely following court proceedings regarding NOC, Norland says - News Summed Up

US is closely following court proceedings regarding NOC, Norland says


The US ambassador to Libya, Richard Norland, has affirmed his country's support for efforts to reopen Libyan oil and gas production, saying that it stands ready with international partners to support Libyan-led efforts to manage oil revenues in a transparent and accountable way so that all Libyans benefit from their nation’s oil wealth. The United States is closely following court proceedings regarding the National Oil Corporation (NOC) and encourages Libyan actors to allow judicial authorities to carry out their duties without interference, Norland tweeted. He considered that NOC’s independence, and apolitical status in recent years is a legacy that should be maintained to sustain Libya’s reputation in the international oil sector, adding “We are paying particular attention to the status of NOC subsidiaries and any attempts to appoint unqualified representatives to the boards”.


Source: Libya Observer July 23, 2022 02:50 UTC



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