Established pursuant to a law that the Cabinet of the State of Libya meets with competence in establishing public institutions, agencies, interests and companies under the legislation in force. The Cabinet also has the competence to reorganize them, even if established by law, pursuant to the delegation of competences conferred upon it by Law No. 16 of 1991 on the attribution of certain competences to the General People’s Committee (Ministerial Council), namely the Cabinet. The Supreme Judicial Court of Libya has affirmed this approach in several judicial judgements.
The National Oil Corporation’s dependence on the Cabinet was also being worked on in the absence of the Ministry of Oil. General People’s Congress Secretariat Resolution No. 10 of 1979 on the reorganization of the National Oil Corporation – regardless of the jurisprudential controversy of the legality of this resolution, which abrogated Law No. 24 of 1970 on the establishment of the National Oil Corporation – is explicit: “The National Oil Corporation shall enjoy legal personality and shall have full legally competent to achieve its purposes. The Minister of Oil shall have the authority to supervise and control its business.” Read more
