Upstream reported in February that Marathonwas planning to sell its stake in the consortium that runs Libya’s Wahaoilfields.

The US independent holds a 16.33% stake inthe Waha Oil Concession, of which NOC is operator on 59.17%. NOC has firstrefusal on the stake.

Libyan Oil Minister Abdelbari al-Arusi saidat a conference in London this week that NOC is considering purchasing theMarathon share.

“Regarding Marathon, yes, we'reinterested to buy the stake," al-Arusi said.

US