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
Letter from the US: The curse of strong energy exports
Opinion
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
Venezuela mismanaged its oil, and US shale benefitted
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Outlook 2026
14 January 2026
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
Outlook 2026: Peru 2026 – A confident step into a new energy era
Outlook 2026
14 January 2026
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership

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