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Libya’s National Oil Corporation reached net revenues of over $1.66 billion from sales of crude oil, gas, condensates, petroleum products and petrochemical products during May 2023.

The company itself reported it in a press release posted on its Facebook page. Net revenues from crude oil sales in April totaled $1.57 billion, while those from petroleum products totaled $59.9 million. 

Data indicate that gas and condensate sales revenues amounted to $29.1 million, while petrochemicals revenues amounted to $616,000.

Pirmak Zwanbun

Pirmak is a senior researcher at the African Energy Institute. He has 10 years of experience across the energy verticals of power, hydrogen, oil, gas, LNG and renewable energy.