No Result
View All Result
Sunday, April 19, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Changing the NOC board was not a political deal with external states but an internal agreement: Aldabaiba

bySami Zaptia
July 18, 2022
Reading Time: 4 mins read
A A
Changing the NOC board was not a political deal with external states but an internal agreement: Aldabaiba

Aldabaiba said the change of the NOC board was based on a local agreement and not a political deal with external states (Photo: NOC).

Speaking yesterday at the first meeting of the new National Oil Corporation (NOC) board of directors headed by Farhat Bengdara at the NOC’s Tripoli headquarters, incumbent caretaker Prime Minister Abd Alhamid Aldabaiba said changing the board was not a political deal with external states.

Sanalla and his board were appointed illegally
Clarifying, Aldabaiba said the previous board chaired by Mustafa Sanalla was assigned in 2013 by an Undersecretary of state and was not procedurally legal. The current Oil Minister Mohamed Aoun has regularly requested that the NOC board be reformed, reconstituted, or even legalised. We have been thinking about this for a year and I took the decision to reform the NOC board. It has raised many questions.

I consulted widely on the deal
‘‘I want to say today that this decision was not a political deal, and it won’t be a political deal. The decision came based on an agreement between the parties all over Libya. when we thought about changing the NOC board, we consulted all the parties in the political and practical arenas, and especially in the oilfields. Agreement was reached on this (new) board in full harmony.’’

There was no external interference in the agreement
Responding to outgoing NOC chairman Sanalla that he was removed in a political deal struck with the UAE, Aldabaiba said ‘‘no country interfered in this decision as it is rumoured. There was no coercion or actions or anything. This is a slanderous lie and insult to the (new) board and its chairman. I have known the chairman for years and I am confident in his and the board’s patriotism. They cannot be accused of being put in place by certain states or external parties. What has cost this nation is these lies and slanders.’’

Bengdara is a trustworthy person
‘‘I am honoured that I know them from the past headed by chairman Farhat bengdara. I trust his patriotism and his ability to manage the NOC. In the past he was the Governor of the Central Bank of Libya, managed some companies and he was in charge of one of the largest investment portfolios, the Internal Investment Portfolio (Libya Internal Investment and Development fund). All Libyans know him and know his trustworthiness.

RELATED POSTS

Former Director of NOC International Marketing Department sentenced to 10 years imprisonment and fined US$ 1.8 billion for fraud

NOC to Libya Herald: Resumption of gas tanker arrivals at Marsa al-Brega port boosts supplies and reduces costs

Meddlers should go away
I say to the meddlers to go away from the board and this man. At the end, the truth is what remains and those that leave a positive effect and always remain patriotic and positive.

An agreement to reopen oil production and exports
The board was agreed upon by several parties and this is an agreement and not a deal. In return for this agreement, we requested the reopening of oil production and exports. Cryptically, he said ‘‘We need to open it for reasons that are sometimes known and sometimes unknown. Today the oilfields opened and exports started and this is a positive thing all states welcomed this. Electricity will now return

If some institutions and individuals fell as a result of this deal, there is nothing I can do to them. The project’s (to reopen oil production and exports) intention is really to serve the Libyans and their services, electricity and their food.

Today, the oil (price) is (US$) 110, 120 and it reached even 130 (per barrel) and our oil (production) was still closed. This forced us to think deeply about resuming this vital matter for Libya.

Beware Facebook rumours!
Facebook leads to believe that this was an international project (conspiracy) and will lead to the downfall of other institutions. I tell you in all honesty we want to start electricity production, so we agreed on a new (NOC) management for the reopening of oil (production/export) and electricity. And that is the story. This is its beginning and its end

Libyans should not listen to the news that it involves a political deal. We said from the beginning that politics and political deals are through elections. It is not possible that we will fabricate over the libyan people’’.

 

Libya’s oil blockade lifted 24 hours after Sanalla’s removal (libyaherald.com)

Bengdara installed into NOC Tripoli headquarters as new chairman (libyaherald.com)

As Sanalla refuses to give up his post: NOC Tripoli headquarters surrounded by pro Aldabaiba forces (libyaherald.com)

Defiant Sanalla refuses to handover NOC chairmanship (libyaherald.com)

NOC lifts force majeure at Brega and Zueitina oil ports (libyaherald.com)

NOC chairman Mustafa Sanalla and board of directors sacked by Aldabaiba – Bengdara appointed (libyaherald.com)

Aldabaiba agrees to replace Sanalla as head of NOC: News and analysis (libyaherald.com)

NOC chairman Sanalla suspended from his post and referred for investigation by Oil Minister – his replacement declines the temporary post (libyaherald.com)

Sanalla hits back at Oil Minister Aoun – Aldabaiba to decide their fate in Sunday meeting (libyaherald.com)

Aldabaiba’s Aoun-Sanalla crisis summit: Kiss and make up or slap on the wrist? (libyaherald.com)

Oil Minister Aoun suspends NOC Chairman Sanalla from his post and refers him for investigation for a second time (libyaherald.com)

Ministry of Oil says NOC board will be reformed and Sanalla still suspended – will Sanalla survive Aldabaiba’s planned reshuffle? (libyaherald.com)

NOC welcomes Aldabaiba’s reversal of Oil Minister’s decision to suspend chairman Sanalla (libyaherald.com)

 

Tags: Farhat Bengdara NOC chairman July 2022NOC chairman Mustafa SanallaNOC National Oil CorporationOil Minister Mohamed Aoun GNU

Related Posts

Expected Resumption of Commercial Activity of Libyan Merchants in Tunisia, while Two Tunisians Were Injured by a Nalut Local
Libya

Libya’s Ras Jedir crossing is a strategic crossing into the depth of African markets: Tunisia’s Chargé d’affaires

April 18, 2026
PM Aldabaiba appoints Mohamed Ben Ghalboun as his new Minister of State for Cabinet and Prime Ministerial Affairs to replace the infirmed Adel Juma
Libya

PM Aldabaiba appoints Mohamed Ben Ghalboun as his new Minister of State for Cabinet and Prime Ministerial Affairs to replace the infirmed Adel Juma

April 18, 2026
Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Former Director of NOC International Marketing Department sentenced to 10 years imprisonment and fined US$ 1.8 billion for fraud

April 14, 2026
CBL receives results from meetings with international banks
Libya

Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks

April 14, 2026
Ahead of the questioning session, Aldabaiba says parliament has been a failure
Libya

Tripoli Prime Minister Aldabaiba welcomes the signing of the Unified Public Spending Agreement

April 13, 2026
Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
Libya

Misrata Free Zone Port Customs Centre thwarts attempt to smuggle 4.5 million tablets of highly dangerous narcotics

April 13, 2026
Next Post
Bengdara installed into NOC Tripoli headquarters as new chairman

NOC could raise investment funds externally through bonds, loans or with existing partners: Bengdara

EU and Niger strengthen cooperation on migrant smuggling

EU and Niger strengthen cooperation on migrant smuggling

Top Stories

  • Egyptian security inspection team tours Benghazi’s Benina airport

    Benina airport receives Dubai Civil Aviation Authority and Flydubai – in preparation of resumption of direct flights

    0 shares
    Share 0 Tweet 0
  • Austria’s Desert Greener explores localisation of its advanced water desalination technology with Municipality of Tripoli Centre

    0 shares
    Share 0 Tweet 0
  • Libya’s Western and Eastern administrations agree a unified budget

    0 shares
    Share 0 Tweet 0
  • MedSky CEO foretells the resumption of direct Tripoli-London flights as an imperative on several levels

    0 shares
    Share 0 Tweet 0
  • Undersecretary of Defence Zoubi effuses about the forthcoming Flintlock military exercises in Sirte as a sign of progress in Libya’s unification

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

De La Rue meets Governor of Central Bank of Libya in DC to follow up on its currency printing plan

Jumhuria bank announces its Palm Payment service

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.