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Tuesday, March 31, 2020 10:1 GMT
National Oil Corporation (NOC) reported February 2020 revenues of approximately US$555 million (US$555,533,750.97), a decrease of around US$1.21 billion (68.6%) on January 2020 revenues. The February figure is also a decrease of around US$708 million (56%) compared with February last year. NOC’s revenues come from sales of natural gas, crude oil and assorted derivative products, in addition to taxes and royalties received from concession contracts. NOC Chairman Eng. Mustafa Sanalla commented:...More