Stephanie Williams: Tripoli-based NOC the ‘only legitimate entity’ for oil management
The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah has met with the deputy head of the UNSMIL for political affairs Stephenie Williams.
UNSMIL said Saturday on Twitter that Williams and Sanallah had discussed the need for national investment in the oil sector to maintain existing production and to provide for increased production in the coming years.
UNSMIL also added that Williams had emphasized that the “UN is closely following attempts to sell oil in violation of UN Security Resolutions and reaffirmed that the NOC is the sole, internationally recognized entity that has the right to export and sell Libyan oil.”
Many reports, including the UN panel of experts’, have talked over the last years about attempts by the parallel NOC in eastern Libya to sell oil illicitly in violation of UN Security Council resolutions.