Libya’s central bank says 2022 oil revenues rose to R370bn

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Libya’s central bank says 2022 oil revenues rose to R370bn
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Libya's oil revenues rose to R370bn in 2022 from R363bn in 2021, the country's central bank said on Wednesday.

An oil tank inside Ras Lanuf port Oil and Gas Company in Ras Lanuf, Libya. File photo.Libya's oil revenues rose to 105.5bn dinars in 2022 from 103.4bn dinars in 2021, the country's central bank said on Wednesday.

The NOC is the country's only legitimate oil producer and all its export revenues flow through the CBL to finance the public sector. Both are based in Tripoli.

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