NOC, LIA discuss future cooperation

Affirming the importance of developing cooperation between NOC and LIA with an objective to guarantee the stability and prosperity of Libya

Both institutions to cooperate to bring Libya out of the current economic crisis. [Photo: NOC]
The Chairman of Libya’s National Oil Corporation (NOC), Mustafa Sanalla, met with the Chairman of the Libyan Investment Authority (LIA), Dr Ali Hassan Mahmoud, to discuss the development and cooperation between their respective institutions.

During the meeting – which took place on Sunday at the headquarter of the National Oil Corporation and included members of NOC’s board and other senior staff from both institutions – a number of topics were discussed, including joint relations and efforts to solve the Libyan crisis, NOC revealed in a statement posted on its website..

The meeting also addressed the importance 
to increase oil production rates to support the Libyan national economy and overcome the current financial crisis in the country.

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