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بوابة الوسط
Oil Firm Reveals May 2025 Production and Revenue
The National Oil Corporation of Libya achieved monthly oil revenues of approximately $4 billion in May 2026, with production surpassing 43 million barrels. It recorded its highest revenues in the past decade, driven by rising global oil prices due to regional tensions and concerns over oil supplies through the Strait of Hormuz. The country's share of production amounted to 31.98 million barrels, while the total revenues transferred to the sovereign account reached $3.41 billion during the month.
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