2 May 2024
Libyan state oil and gas firms to merge
Publication date: 05 July 2016
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Libya’s National Oil Corporation (NOC) has agreed to merge with a former rival firm established by authorities in the east of the country after the toppling of former state leader Muammar Gaddafi five years ago.
The two previous contenders signed a unity agreement this week, which requires consensus on a range of issues, the NOC said this week in a statement.