TRIPOLI (LIBYA) (ITALPRESS/MNA) – The Libyan National Oil Corporation (NOC) has presented a detailed overview of the governance of the oil and gas sector to the Economic Working Group of the Berlin Process. According to a statement released by the NOC on Facebook, the briefing outlined the mechanisms for managing revenues and the importation of gasoline and diesel for the domestic market, in accordance with Council of Ministers Decision No. 525 of 2020. The framework entails coordination with the Ministry of Finance and the Central Bank, oversight by regulatory bodies, and ensures transparency in fuel supplies. The meeting, held at the UNSMIL headquarters in Tripoli, was attended by NOC directors, the head of the Audit Bureau, UN Special Representative Hanna Tetteh, and several ambassadors. Participants commended Libya’s strategic role in global energy supply and the transparency demonstrated by the NOC, affirming the need for continued cooperation.
– photo IPA Agency –
(ITALPRESS).
