The Chairman of the National Oil Corporation (NOC) discussed on Thursday with the Governor of the Central Bank of Libya (CBL), Naji Issa, projects to increase oil production.
The NOC said in a brief statement that Farhat Bengdara discussed with Issa the mechanism of the Central Bank's financing of production increase projects to maintain financial sustainability and compensate for the revenue deficit resulting from the closures and the decline in oil prices.
The meeting came shortly after the parallel government and the NOC announced the lifting of the state of force majeure on all oil fields and ports as well as the resumption of production and export operations normally against the backdrop of reaching a solution to the crisis of the Central Bank of Libya, and completing the procedures for the handover ceremony of the duties of the Governor of the Bank, Naji Issa, at the CBL headquarters in Tripoli.
Economy
