Al Khaleej stuns Al Hilal with 3-2 victory, ending 57-match unbeaten run    Turki Al-Sheikh crowned "Most Influential Personality in the Last Decade" at MENA Effie Awards 2024    Saudi Arabia arrests 19,696 illegals in a week    SFDA move to impose travel ban on workers of food outlets in the event of food poisoning    GACA: 1029 complaints recorded against airlines, with least complaints in Riyadh and Buraidah airports during October    CMA plans to allow former expatriates in Saudi and other Gulf states to invest in TASI    11 killed, 23 injured in Israeli airstrike on Beirut    Trump picks billionaire Scott Bessent for Treasury Secretary    WHO: Mpox remains an international public health emergency    2 Pakistanis arrested for promoting methamphetamine    Move to ban on establishing zoos in residential neighborhoods    Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Saudi Arabia and Japan to collaborate on training Saudi students in Manga comics Saudi Minister of Culture discusses cultural collaboration during Tokyo visit    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Gaddafi's fall ushers new faces in Libya oil industry
Published in The Saudi Gazette on 09 - 09 - 2011

The Libyan revolt against Muammar Gaddafi that began in February has led to a shake-up of the OPEC member's main industry oil, ushering in a new set of faces. Tough questions remain about the future role of the National Oil Corporation (NOC) and the emotive issue of how to integrate senior figures in the oil industry who worked alongside Gaddafi during his 42-year rule.
Many in the industry expect a further reshuffle in the oil sector when the remainder of Libya's ruling National Transitional Council (NTC) moves from Benghazi to Tripoli. Competition for the high-profile role of NOC chairman, previously held by Shokri Ghanem, is expected to be fierce.
Libya holds Africa's largest oil reserves and was pumping 1.6 million barrels per day before the revolt.
* Ali Tarhouni, academic and opposition figure in exile who returned to Libya to take charge of economic, financial and oil matters on the Tripoli-based executive committee. Industry sources said he has little past experience in the Libyan oil sector.
* Omar Shahmak, deputy to Tarhouni and responsible for much of the daily operations of the oil ministry whose top priorities are field security and repairs to oil infrastructure.
* Nouri Berouin, Benghazi-based new head of the NOC appointed by the executive committee. He told Reuters in an interview that he planned to take on the high-profile job of representing Libya at the next OPEC meeting in Vienna in December. His background is petroleum engineering and his past experience includes work for eastern oil firm Arabian Gulf Oil Company (AGOCO) and UK-based oil services company Tecnica.
* Ahmed Majbri, chairman of the Benghazi-based Arabian Gulf Oil Company (AGOCO) replaced Abdel Wanis in February when the Libyan revolt started. This company controls around one quarter of the country's production, most of which is pumped from the eastern fields of Sarir and Mesla. Majbri previously worked in AGOCO's finance department.
* Mustafa El-Huni, NTC member with responsibilities for oil. He has spent over 30 years in the Libyan oil industry and was vice chairman of the National Oil Corporation in the 1980s.
* Shokri Ghanem, former head of the National Oil Corporation for five years before defecting in June. He is a divisive figure in post-revolutionary Libya, with some seeing him as bound up with the Gaddafi government and others calling him a mere “technocrat”. An NTC member told Reuters that there is an internal investigation into whether he should have a future role in the industry.


Clic here to read the story from its source.