Farhat Bengdara, newly appointed NOC chairman
Gunpoint exit for Libya’s Sanalla
A figure from the Gaddafi era has replaced the NOC’s top man. Initial consequences have been positive for output, but uncertainty and risks remain
Libya’s oil industry has been rocked by fresh turbulence after armed groups stormed the headquarters of state-owned National Oil Corporation (NOC) to enforce the sacking of its chairman Mustafa Sanalla. Sanalla, in post since 2014, was fired by one of Libya’s two rival administrations, the Government of National Unity (GNU). Libya’s parliament, which is based in the east of the country and controls a rival government, has denounced his replacement as unconstitutional. Tensions between Sanalla and the GNU have been simmering for months. The GNU is internationally recognised but was installed last year as a temporary government to oversee elections in December. When those elections were cancel
Also in this section
28 January 2025
African nation eyes roadmap for associated gas, complicating IOCs’ oil exploration activities
27 January 2025
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
27 January 2025
Asian neighbours seek resolution on territorial dispute for hydrocarbons development that has spanned decades
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
