Friday, 17/1/2020 | 11:18 UTC+0
Libyan Newswire

Administrative Control Board Warns Against Undermining Resources of Libyan People

Tripoli-The Administrative Control Board has issued a statement in which it said that it had noted, through execution of its competence in accordance with the Law NO. 20 OF 2013, and the documents now in its possession, that the National Oil Company was in the process of finalizing measures for relinquishing by the American oil company Marathon of its share in Libyan oil business to the French oil company Total, which the Board deemed undermining public interest and the resources of the Libyan people. 'Based on the afore-said the Board has demanded that the Presidency Council of the Government of National Accord must immediately intervene, to put this on hold and prepare for an emergency meeting to thoroughly consider the matter, and come up with viable proposals of benefit to the Libyan state, the statement said.

Source: Libya News Agency