US Embassy in Libya: Tripoli-based NOC is the only legitimate body to sell Libyan oil

The US embassy in Libya has posted Monday on its Facebook page that it is concerned about Libyan oil purchases outside of traditional channels.

It added that the fundamental economic institutions of the Libyan State (the National Oil Corporation, the Central Bank, and the Libyan Investment Authority) are critical for the future stability and economic welfare of the country.

“All purchases of Libyan oil must continue to be through the Tripoli-based National Oil Corporation to maintain the stability and credibility of Libya’s oil in international oil markets.” It stressed.