No Result
View All Result
Thursday, July 17, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

NOC received only 58 percent of 2019 budget, emphasises need for full budget

bySami Zaptia
September 19, 2019
Reading Time: 1 min read
A A
NOC received only 58 percent of 2019 budget, emphasises need for full budget

NOC chairman Sanalla calls for his corporation's full budget allocations to enable it to increase its oil production and the Libyan state revenues (Photo: PC/GNA).

By Sami Zaptia.

NOC chairman Sanalla calls for his corporation’s full budget allocations to enable it to increase its oil production and Libyan state revenues (Photo: PC/GNA).

London, 19 September 2019:

Libya’s National Oil Corporation (NOC) chairman, Mustafa Sanalla, emphasised yesterday that his corporation needs to receive its full operational budget, including the long agreed pay rise for its sector workers.

The call for the NOC’s full budget came during his meeting on Monday with the internationally recognised Libyan Prime Minister Faiez Sarraj in Tripoli today.

During the meeting, Sanalla again requested the government to implement resolution 642, which was adopted on 24th October 2013 which mandated a 67 percent pay rise for oil and gas sector workers.

RELATED POSTS

Sirte Oil completes drilling of horizontal well in Zilten field producing 1,985 bpd using local cadres

Libyan Fertiliser Company’s urea plant achieves a 95 percent production rate

The NOC reported that it had received only 58 percent of its approved budget for 2019, and emphasised that the NOC requires its full allocated budget in order to increase capacity, which will drive national growth and allow Libya to respond to global market volatility.

The NOC reported that the two parties also discussed the status of the Libyan oil and gas sector in light of recent events.

Tags: budgetFaiez Serraj Presidency Council Government of National Accord PC GNANOC chairman Mustafa SanallaNOC National Oil Corporation

Related Posts

ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

National Strategy for Prevention and Combating of Corruption (2025-2030) launched by ACA

July 17, 2025
Western Mountain Military Region conducts operation around Ghadames against drug trafficking and transnational organised crime
Libya

Western Mountain Military Region conducts operation around Ghadames against drug trafficking and transnational organised crime

July 17, 2025
Nearly 11,000 migrants repatriated from Libya and 3,165 Mediterranean fatalities: IOM
Libya

12,338 migrants intercepted at sea and returned to Libya up to 12 July: IOM

July 17, 2025
ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

ACA suspends the Executive Director, the Chairman and 6 Board members of GNMTC

July 16, 2025
ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

Three Fisheries officials temporarily suspend from work by Administrative Control Authority suspected of corruption

July 15, 2025
ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

ACA saves LD 409 million on school textbook printing, suspends Tripoli Education Ministry’s Textbook Warehouse Manager

July 15, 2025
Next Post
U.S. Ambassador Norland met Haftar in Abu Dhabi to discuss Libyan crisis

U.S. Ambassador Norland met Haftar in Abu Dhabi to discuss Libyan crisis

Africom kills 8 in air strike at ISIS in south west Libya

ADVERTISEMENT

Top Stories

  • Libyan Railways Implementation Authority invites International Federation of Railways to participate in November workshop

    China to resume implementation of its stalled railways projects in Libya

    0 shares
    Share 0 Tweet 0
  • Libya and Nigeria discuss gas projects, extension of export pipelines to Europe and high-level delegation visit to Tripoli

    0 shares
    Share 0 Tweet 0
  • Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    0 shares
    Share 0 Tweet 0
  • Attorney General provides update on investigation of incidents resulting from Tripoli 2025 armed clashes and demonstrations

    0 shares
    Share 0 Tweet 0
  • Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

National Strategy for Prevention and Combating of Corruption (2025-2030) launched by ACA

Western Mountain Military Region conducts operation around Ghadames against drug trafficking and transnational organised crime

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.