Libya's NOC denies it is in talks to supply crude oil to Nigeria refinery
7/29/2024 9:00:00 AM
Libya's National Oil Corporation (NOC) has denied holding negotiations to supply crude oil to a refinery in Nigeria.
A senior executive with Nigeria's Dangote refinery said last week that it was in talks with Libya to secure crude for the 650,000-bpd plant.
“The National Oil Corporation denies that it is negotiating or engaging in any talks regarding the supply of crude oil to an oil refinery in Nigeria,” NOC said in a statement on social media platform X.
NOC added that it is committed to its contracts with its international partners and “adheres to the legal mechanism for selling Libyan crude oil and does not work with the spot sale mechanism.”
Libya's national crude oil output is 1.28 MMbpd, according to NOC.
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