Chairman of Board of Directors discusses with the Governor of the Central Bank of Libya ways to enhance cooperation between the two institutions
This morning, Tuesday, June 17, 2025, the Chairman of the Board of Directors of the NOC, Engineer Masoud Suleman, discussed with the Governor of the Central Bank of Libya, Mr. Naji Issa, ways to enhance cooperation and ongoing coordination between the two sovereign institutions.
The meeting, held at the Bank’s headquarters in Tripoli, was devoted to discussing financial arrangements to support the NOC’s strategic plans to increase oil production and to overcome any obstacles that may hinder this goal, most notably the provision of the necessary financial resources.
In this context, the Governor reiterated his commitment to providing the necessary financial resources through banking and financial institutions, expressing the Bank’s keenness to enable the NOC to implement its plans amidst stable economic and investment conditions.
The two sides also agreed on the importance of holding periodic meetings to monitor the progress of the production increase process.