With revenues of 105.5bn dinars ($21bn) last year, the National Oil Corp (NOC) is by far the Libyan state's main source of finance. Its chairman Farhat Omar Bengdara has since taking the helm last July made clear his ambition to make the firm more profitable by boosting production to 2 million barrels per day within five years.
That would be a considerable achievement, given that the last time this level was reached was in 1979. It is supposedly in order to achieve this lofty goal that Bengdara has
