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The Ministry of Oil announces the supply of 8.4 billion dinars to the public treasury, consisting of fees and taxes on foreign companies

The Ministry of Oil and Gas in the National Unity Government announced today, Tuesday, the payment of 8.4 billion Libyan dinars to the state treasury, which represents fees and taxes on foreign companies during the period from March 2018 to November 2019.

The ministry indicated that another amount of 10.9 billion Libyan dinars was also supplied to the state treasury, which had been held by foreign companies for more than 16 months without legal justification, and it is not yet known whether Libya has benefited from the profits of these amounts, despite requests from the National Oil Corporation for clarification on the matter.”

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