Libya's National Oil Corporation

Libya's National Oil Corporation (NOC) is the state-owned company responsible for managing the exploration, production, and sale of Libya's oil and gas resources. It plays a key role in overseeing the country's petroleum industry, which is a major source of national revenue. The NOC coordinates with international partners, ensures the smooth operation of oil fields, and aims to maximize Libya’s oil output while maintaining safety and environmental standards. Its activities significantly influence Libya’s economy and political stability, given the importance of oil revenue for the country.