NOC (National Oil Corporation)

NOC (National Oil Corporation)

under Law No: 24/1970, replacing the general Libyan Petroleum Corporation which established under Law No. 13 of 1968 to assume the responsibility of the oil sector operations . It was later reorganized under decision No :10/1979 by the General Secretariat of the General People`s Congress, to undertake the realization of the objectives of the development plan in the areas of petroleum , supporting the national economy through increasing , developing and exploiting the oil reserves and operating and investing in those reserves , to realize optimum returns. In carrying out its activities, NOC may enter into participation agreements with other companies and corporations carrying out similar activities.

Company details

Assekka Road , Tripoli , Libya Libya
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Business Type:
Government agency
Industry Type:
Oil, Gas & Refineries
Market Focus:
Nationally (across the country)