NOC steps into Libya’s power vacuum with bold plan to boost output

Libya’s National Oil Corporation (NOC) has come up with a bold plan to restore output to pre-revolution levels by the end of this year. If it succeeds, the corporation will have effectively established itself as the bedrock of a united Libya while staving off an otherwise inevitable economic collapse and worsening of the civil conflict. The plan requires NOC to take on greater executive authority while attracting a new wave of foreign investment, something that until recently was all but unthinkable.