Badri calls for Libyan oil ministry

Ministerial call: Opec boss Abdullah al-Badri wants to see Libyan oil ministry

The head of Opec has urged Libya to set up an effective Oil Ministry as soon as possible to properly oversee the fractious North African country’s core petroleum industry, according to a report.

Abdullah al-Badri, current secretary-general of the oil cartel, made the comments to Reuters as Libya persists with a de facto oil minister but little in the way of regulation for its National Oil Corporation.

"They should have a ministry. If you have a contract with the NOC, you need someone independent to supervise it," al-Badri, who himself used to be Libya's oil minister, told the news wire on Wednesday.

Libya used to have an oil ministry before scrapping it. At one stage former NOC chairman Shokri Ghanem held the ministerial post but reverted…

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