The 'NOC east' conference aims to discuss "legally signed agreements and contracts". This is the latest attempt by the eastern government to circumvent the Tripoli-based National Oil Corporation (NOC) and the Central Bank of Libya, which have both maintained neutrality in the conflict between the two parliaments, the Tripoli-based General National Congress (GNC) and the HoR.
The central bank and Tripoli NOC will be the safest partner for companies while both institutions maintain their policies of neutrality.
The HoR is unlikely to be able to enforce its threats of expropriation or forced divestiture on companies operating from western terminals.
Companies operating from eastern terminals will face greater political risk and pressure from the HOR.
