Mustafa Sanalla

National Oil Corporation of Libya

Chairman

Mustafa Sanalla was appointed Chairman of the Board of Libya’s National Oil Corporation in May 2014. After graduating from Tripoli University in 1985 with a degree in Chemical Engineering, Sanalla joined Ras Lanuf Oil & Gas Processing Co. (Rasco), as Head of Ethylene Operations. He held increasingly senior positions within NOC before being appointed to the Board following the revolution. He became NOC Chairman on the retirement of his predecessor, Nuri Berruien. Sanalla has played a central role in protecting NOC’s operations from the violent contest to govern the country. He has publicly challenged those attempting to blockade Libya’s oil ports and facilities and has led the campaign, successfully, to add those who hold Libya’s oil hostage to the United Nations Security Council Sanctions List. Sanalla is a nationwide campaigner against smuggling and corruption, and an advocate for transparency and the fair distribution of national oil revenues. Despite these challenges and a lethal terrorist attack on NOC headquarters on 10 September 2018, NOC has increased production to over one million bpd, and in September recorded its highest production level since 2013. In November 2017, Sanalla was recognized by his global industry peers as Chief Executive of the Year at the Petroleum Economist Awards. In February 2021, Mr. Sanalla received the anti-corruption hero award presented by the United States Administration. During his term as Chairman of the Board of Directors of the National Oil Corporation, Mr. Sanalla maintained the impartiality of the National Oil Corporation, as an independent technical institution and far from all political disputes and quarrels, thus ensuring the preservation of the only source of income for all Libyans, and this matter contributed to the preservation of the unity of Libya throughout the previous decade.

Sessions With Mustafa Sanalla

Tuesday, 8 March

  • 11:40am - 12:30pm (CST) / 08/mar/2022 05:40 pm - 08/mar/2022 06:30 pm

    OIl & Gas Company Models for the Future

    Panel Upstream Oil & Gas
    Major trends across the energy sector in recent years have reshaped the outlook for the oil and gas industry. Upstream companies now in pursuit of lower-cost, lower-carbon, and higher-return assets have responded by reshaping their business models: some in evolutionary ways, others more revolutionary. What are the successful business models of the future? How will the competitive landscape evolve? Will investors and capital providers accommodate these diverging strategies?  
  • 03:35pm - 04:15pm (CST) / 08/mar/2022 09:35 pm - 08/mar/2022 10:15 pm

    Evolving E&P Models & Opportunities

    Panel Upstream Oil & Gas
    Another dynamic chapter in energy history is underway. E&P companies are setting and evolving their business models, but what is driving some companies to remain as pure play operators while others look to diversify? How are these companies leveraging emissions and low-carbon plans into their business models? Which key economic drivers will E&P companies focus on during the next five years? How do E&P companies see policy and financial markets supporting or hindering business models?