Libya’s Oil Revenues Surpass 21 Billion USD in 2025

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Libya: Libya's National Oil Corporation (NOC) announced on Thursday that the country's oil revenues for 2025 reached 21.9 billion U.S. dollars, marking a 15 percent increase compared to the previous year.

According to Namibia Press Agency, the NOC's statement detailed that the revenues included 3.268 billion dollars from royalties and concession contract taxes. Additionally, there was a deposit of 71.36 million euros (equivalent to 83.91 million dollars) into the sovereign account during 2025.

Earlier in the day, the NOC confirmed that Libya achieved the highest average production rates in 2025 over the past decade. The country produced an average of 1.374 million barrels of crude oil per day, resulting in a total of 501 million barrels for the year. Oil and gas exports remain the primary source of income for Libya, despite the sector facing challenges due to domestic conflicts and political instability.