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Libyan NOC Chairman Defends Appointment

OIL

The new Libyan NOC chairman Farhat Bengdara defended the legitimacy of his position:

  • "I am aware that questions have been raised over the legal basis for my appointment. The Libyan government has the right to appoint the chairman and the board of NOC. I was formally appointed as chairman by the Government of National Unity," he said.
  • "The GNU's decision to appoint me as NOC chairman does not represent any change in the legal position of the NOC or in its relationship with the government," he added.
  • Libya’s exports appear to be improving since his appointment with 5 crude tankers set to load over 19-21 July.

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