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Libya
How Khalifa Haftar and Abdelhamid Dabaiba sacrificed NOC boss

Khalifa Haftar (left) and GNU Prime Minister Abdelhamid Dabaiba. © Abdullah Doma/Mahmud Turkia/AFP

Farhat Omar Bengdara's replacement by one of his lieutenants, Masoud Suleiman Musa, enables Libya's two strongmen to maintain their shared control of the National Oil Corporation. [...]

Published on 24/01/2025 at 05:40 GMT Reading time 3 minutes

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Energy, Business

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Libya country
Abdelhamid Dabaiba public figure
Audit Bureau organisation
Central Bank of Libya organisation
ConocoPhillips organisation
ENI organisation
Farhat Omar Bengdara public figure
Government of National Unity organisation
Khalifa Haftar public figure
National Oil Corp organisation
Repsol organisation
Siddiq al-Sour public figure
TotalEnergies organisation
United Nations organisation
Ahmed Al Jilani Al Ghazal
BGN Group
Masoud Suleiman Musa
Mediterranean Oil Operation Co
Sami Saeed Al Ghulam
Samira Ali Al Orabi
Sirte Oil Co
Waha Oil Co

Libya
The NOC negociates its budget with the central bank amidst payment difficulties

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Arkenu Oil and Bares Holding negotiate their share of black gold with the NOC

AGOCO, subsidiary of the national Libyan oil company, is recommending allocating 600,000 barrels to Arkenu Oil and Swiss firm Bares, one of whose shareholders is the Turkish trading firm BGN, for the Tahara field production.

Subscribers only Energy 13.06.2025

Spotlight | Libya
Arkenu Oil: PM Dabaiba snarled in oil deal scandal

The Libyan prime minister is facing a public inquiry into a contract awarded to a local company called Arkenu Oil Co. The investigation focuses on a deal signed between the firm, state-owned National Oil Corp and involving the multinational SLB.

Subscribers only Energy, Business 08.05.2025

Abdelhamid Dabaiba during the opening of the Libyan-Tunisian exhibition in Misrata, 16 january 2023.

Libya
Tripoli's phantom chancelleries

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Subscribers only Diplomacy 07.05.2025

Libya
Belkacem Haftar heads for Washington in bid to attract US companies

Belkacem Haftar, the son of Khalifa Haftar, hopes to convince US companies to set up in his home region of Cyrenaica. He will host a forum on the development and reconstruction of his country in Washington on 28-29 April.

Subscribers only Business, Diplomacy 21.04.2025

Libya
Amazighs seek to negotiate share of black gold with ENI and government

Libya's ethnic group wants a slice of the oil and gas pie in their region. They are raising the explosive issue of security in the oil fields, which is provided by armed groups from Zintan, with whom there is a simmering conflict.

Subscribers only Politics, Business 18.04.2025

Libya
With Haftars circling, Abdelhamid Dabaiba clings to control of NOC

Holding onto his influence in the hydrocarbons sector while satisfying eastern strongman Khalifa Haftar is the big conundrum facing the head of government, as he struggles to appoint the next national oil company head.

Subscribers only Energy, Politics 09.04.2025

Abdelhamid Dabaiba in Tripoli, February 2022.

Libya
NOC under pressure to pay for fuel as barter system ends

Although fuel imports continued in March, the National Oil Corporation remains unable to pay these bills. The Libyan Central Bank is also alarmed at the fall in crude oil revenues.

Subscribers only Energy, Business 02.04.2025

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NOC looks to win back majors with huge tender call

The National Oil Corp is hoping to interest foreign investors in exploring and operating 22 new oil concessions. But political instability could be the project's undoing.

Subscribers only Energy 14.02.2025

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Public financial auditor looks to close NOC subsidiary Medoil

While investigating the mysterious Mediterranean Oil Services Co, a subsidiary of the National Oil Corp, the Audit Bureau has uncovered new suspicious payments.

Subscribers only Business 12.02.2025

Spotlight | Libya
Prime Minister Dabaiba cornered in Tripoli as eastern leaders plot against him

Abdelhamid Dabaiba is clinging on to his job as Libya's internationally recognised PM in Tripoli, despite manoeuvres to oust him as the divided country tries to reach a new deal on a unified government.

Subscribers only Politics 17.01.2025

Demonstrators put their feet on a photo of Libya's head of Government of National Unity, Abdelhamid Dabaiba, in Misrata, 19 March 2024.

Libya
Fresh lawsuit to target National Oil Corp boss over his Emirati passport

A new legal case is likely to be made involving Farhat Omar Bengdara, on top of two previous suits. This one is based on the ruling of the Tripoli Court of Appeal, which determined in October that the head of the NOC held Emirati nationality.

Subscribers only Energy 09.01.2025

The chairman of Libya's National Oil Corporation, Farhat Omar Bengdara, at a news conference in Tripoli, Libya, 14 July 2022.

In Focus | Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

BGN has established itself as a key player in Libyan oil. The Dubai-based firm headed by Rüya Bayegan has managed to capture most of the country's crude oil, become one of its leading fuel suppliers and is now looking to invest in infrastructure and oil fields.

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© Illustrated by Julien Pacaud. Photos : M. Turkia/A. Doma/AFP/Y. Mahjoub/NurPhoto via AFP

Libya
Libyan national oil company boss takes distance amid political crisis

The head of the National Oil Corp, Farhat Omar Bengdara, is now in the US, having been absent from the domestic scene since the ousting of the central bank's governor. That event has led to the suspension of oil production at some fields.

Subscribers only Finance, Energy 13.09.2024

Farhat Omar Bengdara (centre), chair of the NOC, in Tripoli, Libya, 14 July 2022.

Libya
NOC boss Mustafa Sanalla down but not yet out despite his sacking

Mustafa Sanalla, the kingpin of the oil sector since 2014 who has already survived a previous attempt to dismiss him, has plenty of cards up his sleeve to make Prime Minister Abdelhamid Dabaiba back down once again on his decision to fire him.

Subscribers only Energy 15.07.2022

Mustafa Sanalla has been dismissed from the National Oil Corp (NOC).

Set up keyword notifications

Libya country
Abdelhamid Dabaiba public figure
Audit Bureau organisation
Central Bank of Libya organisation
ConocoPhillips organisation
ENI organisation
Farhat Omar Bengdara public figure
Government of National Unity organisation
Khalifa Haftar public figure
National Oil Corp organisation
Repsol organisation
Siddiq al-Sour public figure
TotalEnergies organisation
United Nations organisation
Ahmed Al Jilani Al Ghazal
BGN Group
Masoud Suleiman Musa
Mediterranean Oil Operation Co
Sami Saeed Al Ghulam
Samira Ali Al Orabi
Sirte Oil Co
Waha Oil Co

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