The National Oil Corporation (NOC) has announced that total oil revenues collected and transferred to the sovereign account at the Libyan Foreign Bank during April 2026 amounted to $2.82 billions.
The NOC clarified in its statement that the value of fuel import letters of credit processed through the Libyan Foreign Bank, as per the agreement, will be deducted from this amount, with the remaining balance of $1.91 billion to be transferred to the Central Bank of Libya.
The NOC added that revenues from royalties and taxes on concession contracts collected on behalf of the Ministry of Oil amounted to approximately 2.86 billion Libyan dinars during the same month.
