AbdulMagid Breish welcomes Libya’s NOC reunion

AbdulMagid Breish, Chairman of the Libyan Investment Authority (LIA) in Tripoli
AbdulMagid Breish, Chairman of the Libyan Investment Authority (LIA) in Tripoli

AbdulMagid Breish, Chairman of the Libyan Investment Authority (LIA) in Tripoli, said:

[st_quote author=””]I welcome the announcement confirming the unification of the National Oil Corporation. This is another example of the progress that Libya is making, and is a positive step towards returning Libya’s crude oil production to its maximum level.[/st_quote]

[st_quote author=””]We at the LIA in Tripoli are also taking steps to reconcile our differences with the parallel group based in Tobruk, and to resolve the dispute around who is the rightful leader of the LIA. Discussions are ongoing with representatives of the GNA, and I understand that the Tobruk-based group is considering its position.[/st_quote]

[st_quote author=””]The LIA in Tripoli remains committed to playing a part in our country’s revival by establishing Libya as a fertile ground for investment, and ensuring a bright and prosperous future for Libya and its people.[/st_quote]

The agreement by the rival NOC leaders to unify their ranks is expected to boost Libya’s vital oil industry, ravaged by years of conflict.

Oil is Libya’s main natural resource with reserves estimated at 48 billion barrels, the largest in Africa.

The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
Azara Media Azara Media
You might also like

Submit a Correction

For: AbdulMagid Breish welcomes Libya’s NOC reunion

Your suggestion have been successfully submitted

There was an error while trying to send your request. Please try again.

Libyan Express will use the information you provide on this form to be in touch with you and to provide updates and marketing.