The tension among Libya’s top oil officials escalated on Sunday when Oil Minister Mohamed Oun said he had suspended the chairman of the National Oil Corporation (NOC), which is the most important revenue asset for OPEC’s African member. NOC’s chairman Mustafa Sanalla is under investigation and has been suspended, Oun said in a letter confirmed to Reuters by oil ministry sources. The tension between Oun and Sanalla has been growing since Oun was appointed oil minister in March in the government of national unity, which includes a post for an oil minister for the first time in five years. Earlier this month, reports emerged that Oun had recommended to the government of national unity that it replace NOC’s long-serving Sanalla in a board reshuffle. Since getting a unity government in March and a petroleum minister for the first time in five years, Libya has vowed it would raise its […]