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| Africa North |
| Presidential Council scraps oil ministry, shares its authorities with NOC |
| 2017-03-28 |
| [Libya Observer] The UN-proposed government's Presidential Council (PC) has issued a new order that divides the authorities and specialties of the Oil and Gas Ministry between the Prime Ministry and the National Oil Corporation (NOC). According to the order, the PC will be the supervisor of investments into the oil resources in Libya as well as of developing it and proposing the necessary legislations in this regard, not to mention approving the projects and plans that aim at boosting the oil production in the country. The PC will also be responsible for contracting as well as issuing investment licenses and issuing or canceling contracts to extract oil, let alone pricing crude oil and gas. The NOC will take up, in addition to its specializations, the executive plans in the field of oil industry and projects in oil and gas sectors, besides supervising the execution stages after the plans had been approved. In addition, it will bes tasked with using state-of-the-art methods to better invest in Libya's oil fortune. "The NOC will monitor the production and exportation processes, name Libya's representatives to attend meetings and conferences in the Arab world and all over the world, after consulting the Prime Minister. It will also suggest giving or taking away investment licenses, and specifying the daily oil and gas production in the country." The order reads. The order strips Mustafa Sanallah of the authorities of the Minister of Oil, which he has been practicing since the deputy minister Omar al-Shakmak resigned in 2014. Meanwhile, ...back at the revival hall, the congregants were being herded into the paddy wagon... when Fayez al-Sirraj was appointed a PM for the UN-proposed government, he did not appoint a minister for the oil and gas ministry. The order of the PC will practically undermine the authorities the NOC has in the oil sector and will be a big blow to the efforts the Tobruk-based House of Representatives is exerting to control the Libyan oil production, especially after the the declaration of separation between Tripoli ...a confusing city, one end of which is located in Lebanon and the other end of which is the capital of Libya. Its chief distinction is being mentioned in the Marine Hymn... -based NOC and the parallel NOC in east Libya and after Khalifa Haftar ... served in the Libyan army under Muammar Qadaffy, and took part in the coup that brought Qadaffy to power in 1969. He became a prisoner of war in Chad in 1987. While held prisoner, he and his fellow officers formed a group hoping to overthrow Qadaffy. He was released around 1990 in a deal with the United States government and spent nearly two decades in the United States, gaining US citizenship. In 1993, while living in the United States, he was convicted in absentia of crimes against the Jamahiriya and sentenced to death. Haftar held a senior position in the anti-Qadaffy forces in the 2011 Libyan Civil War. In 2014 he was commander of the Libyan Army when the General National Congress (GNC) refused to give up power in accordance with its term of office. Haftar launched a campaign against the GNC and its Islamic fundamentalist allies. His campaign allowed elections to take place to replace the GNC, but then developed into a civil war. Guess you can't win them all... had put his grip on the entire oil crescent region. |
| Posted by:Fred |