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NOC suffers to obtain sufficient budget

Chairman of National Oil Corporation, Mustafa Sanalla, confirmed that oil is available in all Libyan areas. Yet, the company has been suffering to obtain the oil budget since 2014.

He added that the budget allocated to the corporation is insufficient. For instance, technical problems may suddenly occur in local refineries, stating that Brega refinery has been suspended for the past 5 days, adding that Zawia refinery was shut several times due to technical problems and to the lack of electricity.

Morover, he explained the technical and environmental effects of the blockades, stressing that sudden stoppages of oil production are a disaster, and considered that crude oil left in pipelines is highly corrosion.

Sanalla stressed that ,in the last five years, 817 leaks in pipelines damaged by the years of blockades instigated by Ibrahim Jadhran.

 

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