NOC’s fuel barter considered distortion of the state’s financial data

Earlier this month, Libya’s Audit Bureau sent a letter to the state National Oil Corporation (NOC) instructing it to stop the barter system in importing fuels from international fuel refineries. In response, the NOC protested the Audit Bureau’s instructions, considering its implementation would lead to a shortage of petrol and diesel. NOC official detained for … Continue reading NOC’s fuel barter considered distortion of the state’s financial data