National Oil Corporation

National Oil Corporation
المؤسسة الوطنية للنفط
Company typeState-owned enterprise
IndustryOil and gas industry
Founded1970 (in Benghazi)
Headquarters
Tripoli
,
Key people
Farhat Bengdara, Chairman
ProductsCrude Oil, Natural Gas and Petrochemicals
OwnerGovernment of Libya
SubsidiariesZawia Refining
RASCO
Brega
Agoco
Sirte Oil Co.
Jowfe Oil Technology
National Drilling Co.
North Africa Geophysical Exploration Company
National Oil Fields and Catering Company
Waha Oil Co.
Zallaf Libya Oil & Gas
WebsiteNOC.ly/index.php/en

The National Oil Corporation (NOC; Arabic: المؤسسة الوطنية للنفط) is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for the vast majority of the country's oil output.[1] It is led by Farhat Bengdara, appointed in July 2022, he is seen by many experts as the glue holding east and west together.[2] Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).[3]

  1. ^ [Hargreaves, Steve (October 25, 2011) Libya oil eyed by Western companies. Retrieved from CNN website on Oct., 25, 2011 from http://money.cnn.com/2011/10/25/news/international/libya_oil/index.htm Archived 2011-10-27 at the Wayback Machine]
  2. ^ James, William. "Libya's Recovery: Challenges and Opportunities". Washington Times.
  3. ^ EIA 2007