Flag

An official website of the United States government

U.S. Embassy Libya welcomes the NOC’s successful restructuring of BPMC
3 MINUTE READ
May 6, 2020

 

The Embassy welcomes the announcement by the National Oil Corporation (NOC) of its successful restructuring of the Brega Petroleum Marketing Company (BPMC), which underscores that a brighter and more prosperous future is possible when responsible Libyan parties come together in peaceful dialogue. The NOC and its subsidiaries must remain apolitical, technically proficient, and appropriately resourced in order to fulfill their vital mission on behalf of all Libyans. In this regard, the United States urges that the needless shutdown of Libya’s energy sector and targeting of NOC personnel and facilities must end. Attempts to militarize the energy sector, smuggle petroleum products in contravention of UN Security Council resolutions, or further divide Libya’s economic institutions are incompatible with the aspirations of the Libyan people to move their country forward and respond to the unprecedented challenge posed by the COVID-19 pandemic.