Libya Oil Holds Second Board Meeting of 2023

On Monday, May 15, 2023, at 10:00 AM, Libya Oil held its second board meeting of the year at the company’s headquarters. The meeting was attended by:

• The Chairman of the Board
• Board Members
• The Head of the Monitoring Authority
• The General Manager of Libya Oil
• The Deputy Director of the Eastern Region
• Directors of the Central, Western, Jabal Nafusa, and Greater Tripoli regions

During the meeting, several key points were discussed:

• Review and discussion of the operational and investment budget for 2023
• Presentation and follow-up on decisions made by the Chairman and the Board
• Review of the minutes and decisions of the ordinary and extraordinary general assemblies
• Discussion of new business and how to follow up and implement them

The meeting concluded at 4:30 PM. Important decisions will be issued later, focusing on the company’s general interest and the welfare of all its employees across all locations.