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Monday, January 18, 2021
On Sunday morning, January 17, 2021, the Chairman of the Board of Directors, Eng. Mustafa Sanallah, received at the headquarters of the National Oil Corporation in the Libyan capital, Tripoli, the German Ambassador to Libya, Oliver Ovtsha, and his accompanying delegation.
During the meeting, the development of means of joint cooperation between the two sides was discussed, and the return of German companies to the Libyan market, and the Corporation’s tireless efforts to reduce gas flaring in the fields of its companies and to direct alternative energies to provide electric energy needs were discussed, and this comes within the framework of its future plans that it seeks to implement In the coming years, according to internationally recognized environmental standards.
His Excellency Ambassador Oliver Ovtsha congratulated the Chairman of the Corporation’s Board of Directors and all workers in the oil sector for achieving high rates of production despite the scarcity of financial resources needed by the sector, indicating that German companies operating in the field of oil and energy have a strong desire to return to work and invest in Libya.
For his part, the Chairman of the Board of Directors, Eng. Mustafa Sanallah, commented in this regard, saying: We thank the state of Germany for the support it has provided and continues to provide to Libya in order to restore stability again, and we look forward to extending bridges of cooperation with German oil companies, and making use of their modern technologies in the Libyan oil sector to develop it.”
He also added that the corporation was forced to reduce production rates due to the leaks occurring, the latest of which happened to the Waha Oil Company, with a reduction of 200,000 barrels per day, and it needs more than ever before for the necessary budgets to carry out maintenance operations at the oil sites of most of the sector companies, stressing at the same time that it must The oil sector is treated with great care, as it is the only source of income in the country, and everyone must realize its importance, in order to preserve and preserve the wealth of the Libyan people and future generations.
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