National Oil Corp. leaders reach deal on unified budget NOC to be headed by Mustafa Sanalla, based in Benghazi Rival leaders of Libya’s National Oil Corp. reached an agreement to unify the state company under a single management, a step that could help end the conflict over who can control the divided country’s crude exports and revenue. Mustafa Sanalla, the head of the NOC in Tripoli in the west of the country, will become chairman of the unified company, which will be based in Benghazi in the east, according to a statement on the NOC website. Sanalla’s eastern Libya counterpart, Nagi Elmagrabi, will join the NOC board. The agreement was reached Saturday in Ankara, Elmagrabi said in a telephone interview from the Turkish capital. Libya, with Africa’s largest proven crude reserves, split into separately governed regions in 2014, leading to the establishment of rival NOC administrations. Libyan factions are […]