NOC announces that the net revenues achieved during May 2021 from the sales of crude oil, gas, condensates, oil products and petrochemicals have amounted to record levels due to the huge demand and an increase in the international prices.
Crude oil achieved the sum of 1,322,362,503.68 US dollars, followed by gas and condensates which sales amounted to 53,055,556.55 US dollars.
NOC has achieved revenues from the sales of oil products amounting to 13,925,159.15 US dollars, while the petrochemicals’ revenues amounted to 584,405.61 US dollars, in addition to 5,824,254.83 Euros.
The total net revenues from oil sales in US dollars amounted to 1,389,927,624.99 US dollars, and 5,824,254.83 euros.
May’s revenues do not include royalties and taxes. There are 194,736,598.07 million US dollars of May’s revenues that will be shown in June’s outcome, due to the fact that their payment due date coincided with a holiday in the beginning of June, which necessitates documenting them on the date of their payment.
