Libya’s NOC says revenue up but fighting poses serious production risk

FILE PHOTO: Mustafa Sanalla, the chairman of state oil firm NOC, attends Benghazi International forum and Exhibition of Oil and Gas in Benghazi, Libya October 24, 2018. REUTERS/Esam Omran Al-Fetori/File Photo

CAIRO (Reuters) – Libya’s National Oil Corporation (NOC) said on Saturday that revenues rose to more than $1.5 billion in March, up 20 percent from the previous month, but that fighting between rival factions posed a serious threat to production. The $270 million rise in revenue was mainly due to the ending of a three-month […]

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