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NOC Statement on the UN Security Council Panel of Experts Report

The National Oil Corporation (NOC) expresses its concern over the report issued by the UN Security Council Panel of Experts on Libya, particularly its references to the oil sector.

After an initial review, the NOC identifies several shortcomings in the information and conclusions presented in the report. It notes that some of the information is not based on a complete technical and institutional review from official sources, and that the report also has deficiencies in the presentation of data and figures.

The NOC also notes methodological flaws in the report’s preparation, particularly its reliance on open-source information as primary data and the use of that information to support its conclusions, without providing sufficient supporting evidence or clearly outlining verification criteria. This may undermine the accuracy of some of the report’s findings.

Furthermore, the NOC notes some overlap between the preliminary indicators and the final conclusions, without adequate clarification of the evidence level or the distinction between inferential analysis and evaluation based on complete data. In addition, the NOC observes that it was not given sufficient opportunity to review certain technical and financial information before it was included.

The NOC confirms that, through its relevant departments, it has initiated a comprehensive and thorough review of all the information contained in the report, as preparation for drafting a detailed and well-documented response. This response will be presented to the public to clarify the facts and ensure that the full picture is conveyed in a professional and balanced manner.

The NOC also reiterates its commitment to the highest standards of transparency and professionalism, its compliance with national and international laws and regulations, and its ongoing cooperation with the relevant oversight bodies and the UN Panel of Experts.

In its commitment to providing the public with accurate information, the NOC intends to hold a conference in the near future to present the findings of its review and provide the necessary clarifications based on official data and documents.

The NOC calls upon the media and the public to exercise caution and await the official response, which will be delivered with transparency and accountability.