The National Oil Corporation (NOC) announced that the general revenue obtained from the sales of crude oil and its derivatives in February amounted to US$ 1,235,710,353.98, which were deposited into the account of the National Oil Corporation at the Libyan Foreign Bank in Tripoli, in line with the temporary arrangements in force that ended with the formation of the government of national unity, which won the confidence recently.

The NOC also announced that “the cumulative total of oil revenues withheld since the lifting of the status of force majeure until the date of March 10, 2021, amounted to US$ 7,767,439,801.73 including the rights of partners and the rights of NOC but do not include royalties and taxes.”