Reports from the newswires have said that the Libyan oil minister, Shokri Ghanem has tendered his resignation as chairman of the state-owned National Oil Corporation (NOC).
The Middle East Economic Survey (MEES) has cited a Triploi official as the source but as yet no official announcment has been made.Â
In June Ghanem gave an interview to ArabianOilandGas.com and said that Libya planned to invest US$42 billion in the next five years to develop and expand its upstream sector.
Libya has been dominating the world’s headlines recently following the release of Abdelbaset Ali Mohmed al-Megrahi, the Libyan found guilty of the Lockerbie bombing, on compassionate grounds.
The UK government has been forced to deny that al-Megrahi’s was part of a trade deal between the two countries.
If anyone can either confirm or deny the story please send an email or leave a comment.
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