The Chairman of the Board of Directors of the NOC, Mr. Farhat Bengdarah, today met with the NOC Investments Committee at his office in Tripoli. The meeting focused on investigating available opportunities for investment due to the increased stability of oil production since the lifting of the Force Majeure on exploration operations and the improved security situation in Libya.
The meeting also emphasized the importance of utilizing these opportunities to enhance the national income and to develop the infrastructure of the oil and gas sector in the country.
Mr. Bengdarah added that the NOC is ready to provide all necessary support to international companies willing to invest in Libya.
He also emphasized the importance of enhancing cooperation between NOC and international companies to achieve mutual interests for all and to develop the national economy. This comes within the framework of NOC’s plan to increase oil production to 2 million barrels per day.
