Libya will not reveal the
details of its oil sales this year stepping back from pledges to deliver greater
transparency after the corruption of the pre-revolutionary regime.
Oil producers commonly keep the details
of crude deals secret, yet Libyan officials promised to publish the details of oil deals after over
40 years of secrecy under deposed leader Muammar Gaddafi.
The state firm revealed who would buy
Libya's oil in 2012 and began releasing information on prices and volumes of
oil shipments on its website - but this lasted just two months, ending in 2011.
Libya's NOC chairman, Nuri Berruien, said any secrecy clauses were introduced
at the request of clients, not the NOC, and that most of last year's buyers
would continue to purchase its oil. The state firm would resume publishing
details on its yearly activities, he said.
Details on the identities of Libya's oil buyers this year have emerged
through a survey of traders who were customers last year, but many are
reluctant to disclose the volumes they have been allocated, or say that details
are still being finalized.
Last year, the NOC provided a breakdown
on allocations, revealing that trading houses had won around 9 percent of
Libya's full pre-war exports of 1.3 million barrels per day.
