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US, Europe Welcome Libyan National Oil Corporation Unity Agreement

© AP Photo / Hussein MallaA Libyan oil worker, works at a refinery inside the Brega oil complex, in Brega, eastern Libya
A Libyan oil worker, works at a refinery inside the Brega oil complex, in Brega, eastern Libya - Sputnik International
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Libya’s national economic institutions, including the Central Bank of Libya, National Oil Corporation, and Libyan Investment Authority, must remain united under the sole stewardship of the GNA [Government of National Accord] and must use Libya’s resources for the benefit of all Libyans, according to the statement of the US Department of State.

WASHINGTON (Sputnik) — The governments of France, Germany, Italy, Spain, the United Kingdom and the United States welcomed the announcement that Libya’s National Oil Corporation chair Mustafa Sanalla and board member Dr. Nagi el-Maghrabi agreed to unify the corporation, according to a joint statement released by the US Department of State on Wednesday.

"Libya’s national economic institutions, including the Central Bank of Libya, National Oil Corporation, and Libyan Investment Authority, must remain united under the sole stewardship of the GNA [Government of National Accord] and must use Libya’s resources for the benefit of all Libyans," the statement said.

Libyan oil field - Sputnik International
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Two Conflicting Libyan Oil Companies Agree for Unification
On Sunday, Sanalla and Maghrabi reached an agreement to unite Libya’s National Oil Corporation under single management overseen by the GNA. Under the deal, Sanalla will continue as NOC chairman and Maghrabi will join the NOC board.

Washington and its allies stressed that they continue to support the Government of National Accord and would sanction anyone who seeks to exploit or divert Libyan oil.

In June, the Libyan armed forces under the control of the internationally-recognized parliament in Tobruk announced the general mobilization in the country. The operations were launched against various militant groups, such as al-Qaeda and Islamic State, which had seized parts of the eastern towns of Benghazi and Ajdabiya.

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