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Friday, January 9, 2026 8:58 GMT
Libya’s oil revenues for 2025 reached US$21.9 billion, marking a 15% increase compared to the preceding year, according to data released by the Libyan National Oil Corporation (NOC) on January 1. In a statement, the NOC specified that the US$21.9 billion in oil proceeds include US$3.268 billion derived from royalties and taxes on concession contracts, in addition to a deposit of 71.36 million euros (US$83.91 million) made to the sovereign account in 2025. Libya recorded its highest average...More