NOC Presents Oil Revenue, Fuel Supply and Oversight Mechanisms to Berlin Process Group

The NOC explains its fuel supply system to the Berlin group

LIBYA – A National Oil Corporation delegation has given a documented presentation at a meeting in Tripoli of the Berlin Process Economic Working Group, covering the governance of Libya’s oil and gas sector, the mechanism for managing revenues and supplying petrol and diesel to the local market, and the regulatory frameworks adopted for these operations.

Resolution 525 and coordination with financial and oversight bodies

The NOC’s media office said the presentation was based on Cabinet Resolution No. 525 of 2026 and on coordination with the Ministry of Finance and the Central Bank of Libya, under the supervision of the oversight bodies and the Attorney General’s Office.

Public tender for fuel supply since February

The presentation discussed the mechanism governing fuel imports through the companies that won the public tender since February 2026, highlighting financial disclosure and transparency procedures and the activation of the roles of oversight bodies.

Libyan bodies, ambassadors and UN representatives take part

The delegation included directors of specialised NOC departments. The meeting, held at the headquarters of the United Nations Support Mission in Libya, was attended by the head of the Audit Bureau, the Special Representative of the Secretary-General, the UN diplomat who previously served as a UN adviser on Libya, and ambassadors of Arab and foreign countries.

Libya’s role in global energy and continued coordination

The participants affirmed Libya’s strategic role in global energy supplies and the importance of the NOC to the national economy, praising what they described as its transparent cooperation with sovereign and oversight institutions.

The meeting concluded by affirming continued coordination to support stability, transparency and institutional accountability in the oil and gas sector.

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