Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Derek Brower
London
19 September 2016
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

The oil world's most difficult job

NOC’s chairman fears a disaster if his company is dragged into the war for Libya’s oil

Many oilmen are under pressure around the world, but none more than Mustafa Sanallah, chairman of Libya's National Oil Company (NOC) and, given the two-year-old conflict that has left rival governments and their allied militias fighting for control, the country's de facto oil minister. Sanallah's job ought to be straightforward, keeping Libya's high-quality oil flowing out and money flowing in. Instead, since 2014, Libya's post-Qadhafi chaos has only deepened and the NOC chief 's task has become steadily harder. In 2011, Libya produced about 1.6m barrels a day. Now it is struggling to keep output above 200,000 b/d. Most fields are idle; some, in the once-prolific Sirte basin, were severely d

Also in this section
Petroleum Economist: April 2026
9 April 2026
The April 2026 issue of Petroleum Economist is out now!
The global offshore bonanza
9 April 2026
Offshore operators are working through an FID backlog as the rig market consolidates, helped by improving project economics and a renewed security drive
China’s secure energy transition
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
Venezuela already making oil comeback
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search