Related Articles
Forward article link
Share PDF with colleagues

Libya nears appointment of new oil minister

Internal rivalries are still hitting the National Transitional Council’s (NTC) efforts to form a new Libyan government and uncertainty hangs over the future of Mahmoud Jibril, the fledgling government’s second-in-command

THE NTC is closing in on a new oil minister, with Abdul-Rahman Benyezza, a former board member of National Oil Company (NOC), topping the list of names, according to a senior Libyan oil-industry source. Wahid Bugaighis, who earlier in the war had a stint in charge of the NTC’s oil portfolio from Benghazi, is also still in contention, said the source. But Mustafa El Houni, a former executive at NOC trading unit Brega International, who has been touted by some analysts as another candidate, is out of the running, the source said. Disputes within the NTC have delayed announcement of a new government and plans to include more than 30 cabinet ministers have complicated the process. The future o

Also in this section
Venezuela going for broke
16 January 2018
The Maduro government wants a new deal on its debt. Things are going to get messy
Iraqi Kurdistan sinking fast
11 January 2018
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
Iraqi Kurdistan's wrong turn
11 January 2018
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad