The General Companies Accounting Administration of the Ministry of Oil and Gas in the National Unity Government revealed in its annual report that the oil revenues collected from concession and participation contracts with the American ConocoPhillips and the French Total Energies, including duties and taxes on the quantities of crude oil produced and exported during the year 2023, exceeded 21.523 billion dinars.
The ministry explained that the total revenues collected from duties and taxes in the first quarter of 2023 amounted to approximately 10.9 billion dinars. In the second quarter, the value of revenues collected reached 3.8 billion dinars. However, revenues declined to 3.2 billion dinars in the third quarter, concluding the year with revenues exceeding 3.6 billion dinars in the fourth quarter.