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The UN Mission Welcomes the National Oil Corporation’s Lifting of Force Majeure on Production

The United Nations Mission welcomed the announcement by the National Oil Corporation (NOC) on Thursday, lifting the state of force majeure on oil production. It emphasized the need for the revenues from this vital resource to be directed through the appropriate institutional framework, ultimately managed by the Central Bank of Libya.

The mission also stressed the importance of utilizing oil resources to achieve development and prosperity for the Libyan people and to ensure the country’s economic and financial stability.

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