Atwasat

Norland: Sanalla fell under pressure to transfer oil revenues




Alwasat - Cairo Fri 13 May 2022, 01:01 AM
alwasat radio

The US Ambassador to Libya, Richard Norland, said that the Economic Working Group was seeking to find a mechanism to manage the country's oil revenues but were surprised that Mustafa Sanalla, under great pressure, transferred more than $2.6 billion.

He continued, in an interview with Wtv on Thursday evening: "We would have preferred to be slow and not transfer until this mechanism was discussed and until we restored confidence to the Libyan people that this money will go to the right place."

He added that the mechanism discussed regarding oil revenues is "a Libyan-led mechanism in which Libyan leaders participate, and when the Economic Working Group met in Tunisia on the first of April, there were representatives of the unity government, the East, the National Oil Corporation and the Central Bank."

Norland explained that the meeting discussed the possibility of consensus between the Libyan parties on priorities, in terms of spending, especially the chapter on salaries, support, investment projects and necessary imports such as food commodities.

The Economic Working Group is affiliated to the International Follow-up Committee on Libya and includes representatives from the European Union, Egypt, the United States and the United Nations Support Mission in Libya.

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