During his meeting with the Minister of Oil and Gas in the Government of National Unity, Mohammed Aoun, the President of the Presidential Council, Mohammed Al-Manfi, followed the steps currently being taken by the government to develop the Hamada oil field through a coalition of foreign companies.
The minister pointed out that the political agreement does not allow the executive authority to sign long-term agreements or treaties during the transitional period, confirming the availability of capabilities and technical resources for national companies to develop this field.
Al-Manfi emphasized the necessity of giving priority to national oil companies to develop the field, confirming that the percentage offered by the coalition of foreign companies is too high and excessive, considering it a waste of public resources, and a violation of prevailing national legislation, and a clear breach of the political agreement provisions.
The President of the Presidential Council directed the need to comply with the messages sent by the House of Representatives, the High Council of State, the Attorney General, and the Audit Bureau regarding not imposing any future burdens on the Libyan state during the current transitional phase.
The meeting was attended by the General Directors of Legal Affairs, Planning, and Technical Affairs at the Ministry of Oil and Gas.