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Thursday, June 6, 2013
The proposed move of state-run firms from the Libyan capital of Tripoli to the eastern city of Benghazi has been upped; not only will the state-run oil firm NOC have headquarters in Benghazi, but three other state-run firms will make their home in the city.
The government published a decree on its Facebook page confirming that the new head offices of Libyan Airlines, the Libyan Insurance Co., and the National Investment Co. would be built in Benghazi.
The decision to move NOC was reported previously.
Prime Minister Ali Zeidan said at a news conference, “The transfer of the NOC to Benghazi does not mean that all departments in Tripoli will be closed. This organization works for all Libya and it will have branches in different cities.”
“The decision to move the NOC was not taken as a result of pressure by any group. I have long believed that given Libya’s size, if state organizations and bodies are not spread across the country, the country will not stabilize,” he added.
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