Oil Revenues Triple in 2017; Budget Deficit Halved
The Central Bank of Libya (CBL) says that Libya’s revenue for 2017 reached LYD 22.31 billion ($16.5 billion).
This was made up of:
oil exports of LYD...
Oil prices hit fresh highs, but worries grow of overheated market
Crude oil prices hit new multi-year highs on Wednesday as OPEC-led production cuts and healthy demand helped to balance the market, but analysts warned...
Libya Oil Prices (10/01/ 2018)
Type
(Price (US Dolar
Brent
69.115
Dubai
65.130
Urals
68.090
WIT
63.810
OPEC basket
8/1/2018
65.850
10/1/ 2018
Activities of the Oil Institute for Rehabilitation and Training
The annual meeting of the Oil Institute for Rehabilitation and Training was headed by NOC Chairman and attended by Chairman of the Oil Institute,...
Rehabilitation of the oil fields in Al Harouj oil operations Company
The activities of Al Harouj Oil Operations Company for 2017 and the work programs for 2018 were presented in the presence of Chairman and...
Libyan Oil Company Calls For Reopening Of Ras Lanuf Refinery
Libya’s National Oil Corporation has called for the reopening of the Ras Lanuf crude oil refinery after it won two arbitration cases against the...
NOC says oil outputs are stable
The National Oil Corporation (NOC) said on Tuesday that production and export operations in oilfields and ports are stable and operating at their normal...
Ras Lanuf Oil & Gas Processing Company presents its annual activity...
At NOC HQs in Tripoli the General Assembly Meeting of Ras Lanuf Oil & Gas Processing Company was held on Tuesday afternoon, 26/12/2017 chaired...
Brega Petroleum Marketing Company … efforts made to provide oil derivatives
The General Assembly Meeting of Brega Petroleum Marketing Company was held on Wednesday 27/12/2017 chaired by Eng. Mustafa Sanalla Chairman of the General Assembly...
Libyan oil revenues up sharply in 2017, budget deficit halved
Libya earned $14 billion in oil revenues in 2017, nearly three times more than in the previous year, allowing it to halve its budget...
