20 Hrs
Source:
عين ليبيا
Oil Ministry Reports August Revenue from Fees and Taxes
The Ministry of Oil and Gas of the Government of National Unity announced that the total royalties and taxes collected from concession and participation contract companies during August 2026 amounted to approximately 2.077 billion Libyan dinars. All these revenues were derived from crude oil, with no income recorded from natural gas. The royalties from oil amounted to 132 million dinars, while taxes on oil were around 1.944 billion dinars; no revenues from gas were registered. These resources are considered primary sources of funding for Libya's public treasury, given the country's heavy reliance on the oil and gas sector.
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