The National Oil Corporation revealed in its annual report on the quantities of crude oil, gas, and other petroleum products produced during the year 2023 and exported today, Friday, that Libya’s total crude oil exports exceeded 432 million barrels during the past year.
The Corporation clarified in its report that the total quantities of crude oil produced reached 432 million, 227 thousand, and 175 barrels, “at an average of 1 million and 184 thousand barrels per day.” These quantities exceed a value of 35.8 billion dollars, “considering that the average oil price during the past year was 83 dollars per barrel.”
The Corporation added that the total quantities of natural gas produced approached 12.4 billion cubic meters, in addition to 6 million and 165 thousand tons of petroleum products, 2 million and 426 thousand tons of condensates, and 682 thousand tons of petrochemical products.