Libya: NOC mulls over chemicals to oil to trace smuggled products


(MENAFN) The Libyan National Oil Corporation (NOC) was revealed to be considering an addition of chemicals to its oil for the purpose of marking out products that are being smuggled overseas.

NOC chairman Mustafa Sanalla has urged the EU to capture smuggling ships while appealing for the UN to impose sanctions on smugglers, with calling for Libyan authorities to remove subsidies that reach oil sales to only USD0.02 per litre.

The chairman explained "the fuel smugglers and thieves have permeated not only the militias which control much of Libya, but also the fuel distribution companies which are supposed to bring cheap fuel to Libyan citizens."

He then noted that "the huge sums of money available from smuggling have corrupted large parts of Libyan society."

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