The replacement of the entire management board of Arabian Gulf Oil Company (AGOCO) has exposed deep splits in the workforce and management of Libya's oil sector and led to further interruptions in production. Rival groups of unions have issued statements greeting or condemning the management change, which comes after months of operational failures at the company. Output from Agoco, which is one of the main fully state-owned producers of crude, has suffered because of a lack of power capacity as its main fields in the east of Libya and also periodic protests at the Marsa al-Harigah export terminal at Tobruk.
No comments:
Post a Comment