The Libyan Prime Minister, Fathi Bashagha, asked the head of the National Oil Corporation, Mustafa Sanalla, to set up a mechanism to preserve oil revenues to end the oil closure crisis while ensuring the continuation of the payment of salaries and support in order to preserve the interest of the citizens.

Bashagha said that as part of the Libyan government’s efforts to end the crisis of suspending oil production and exports, which is causing serious damage to the financial position of the Libyan state and the infrastructure of the oil sector; He communicated with many parties, visited the Oil Crescent region and listened to the demands of the protesters who expressed their objection to the mechanisms for disposing of funds resulting from oil revenues and the lack of transparency and the distribution, employment and management of those funds without any legal basis in expenditures.

Bashagha stressed that the Libyan government is seeking to resume oil production and export, and is fully prepared to complete all necessary procedures to ensure the adoption of mechanisms related to the preservation and maintenance of oil revenues and within its good management and non-employment and political exploitation, which requires agreement on specific and disciplined mechanisms that guarantee the preservation of oil revenues in the accounts of the National Oil Corporation and not to be referred until the issuance of the budget law by the House of Representatives.

The Libyan Prime Minister stressed to the Chairman of the Board of Directors of the National Oil Corporation, Sanalla, the necessity of transmitting proposals regarding the mechanisms necessary to preserve and maintain funds resulting from oil revenues in a manner that ensures an end to the crisis of suspending oil production and exports while ensuring the continuation of the payment of salaries and the like, as well as the continuation of the disbursement on Chapter Four In the interest of citizens.