The National Oil Corporation revealed that total taxes have exceeded 2 billion and 275 million dollars, equivalent to more than 10 billion dinars, since September 2020 until the end of December 2021.
The Corporation explained that this value was deposited in the Ministry of Finance to the Central Bank of Libya, noting that it would hold taxes in the coming months for the southern refinery project and infrastructure projects in accordance with the decisions of the Council of Ministers.
The Chairman of the Corporation Directors Board, Mustafa Sanalla, commented that « The winners from the investment of taxes in the oil sector are the people of Libya, and the corporation assures them that it is the faithful guardian of the country’s oil wealth. »