Libyan Transitional Government (LTG), Libya Ministers’ Council (MC)
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Libyan Transitional Government (LTG), Libya Ministers’ Council (MC)

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Ministers’ council decision No. 29 for 2012 extending the period of work for Zwetina Oil Company

 

- after reviewing the constitutional announcement

- and Law No. 23 for 2010 concerning commercial activity

- and NTC decision No. 184 for 2011 approving the transitional government

- and ex people’s congress decision No. 10 for 1979 reorganizing NOC

- and ex GPC decision No. 351 for 1986 establishing Zwetina Oil Co. and its amendments

- and letter No. 1.1.17 dated 01.01.2.2012 from oil and gas minister

- and MC decision in 2012  3rd meeting

 

 

It is decided

 

Article 1

To extend the period of work for Zwetina Oil Co. for a period of 25 years from date of termination of its previous work period

 

Article 2

This decision to be applied from date of issue and to be executed by the concerned authorities

 

Ministers’ Council

Issued on 05.02.2012