Libya’s National Oil Corporation on Monday said it was backing demands by its unionized workers for a 67% salary increase that has been promised by the government since 2013, as the company seeks to head off further labor unrest that could affect oil production. Libya’s oil recovery has been impacted by worker protests and tribal grievances, causing production to be volatile, including at its largest field, Sharara, which only reopened this month after being blockaded in December. The field’s restart has boosted Libyan crude production to 1.2 million b/d, NOC Chairman Mustafa Sanalla told S&P Global Platts last week, an almost six-year high. Though the pay raises are mandated by a Council of Ministers’ decree in October 2013 and were included in NOC’s budget request for 2019, the Tripoli-based Government of National Accord did not […]