Tuesday , May 18 2021

Oil Corporation: Libyan oil revenues rose by 5.6% in September



Libya's crude oil revenues rose 5.6 percent in September earlier to $ 1.66 billion, the National Oil Corporation announced on Wednesday.

In August, oil revenues fell by $ 455 million compared to the previous month due to the situation of the force of force in the so-called The Crescent Oil Zone, which was released after the fighting in June closed the export ports of Sidra and Ras Lanuf.

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The security situation on oil fields has improved since September, helping to produce crude to 1.3 million bpd, the highest level since 2013, when a wave of protest and closure began.

(Reuters)


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