Position: Chairman, AGOCO
Biography: Ahmed Majbri was appointed chairman of the state-owned AGOCO, when the uprising against Gaddafi’s regime began in early 2011. He was previously an executive in Libya’s finance department. As AGOCO chairman, Majbri is a key player in Libya’s oil sector, overseeing a quarter of the country’s total production, most of which comes from the Sarir and Mesla fields in the east.
Majbri replaced Abdelwanis Saad Almerteja as chairman of AGOCO. Almerteja was sacked in the early days of the revolution by the directors of AGOCO, who considered him a stooge of parent company NOC. Based in Benghazi, the company is symbolic of the representation of eastern Libya in today’s new regime.
Historically, Libya’s national oil company, NOC, was based in Benghazi, and there are still many who argue for its return. One compromise may be the dividing of NOC into divisions, with some based in Tripoli and some in Benghazi.
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