NOC Announces Libya’s Q2 Oil & Gas Revenues

Libya generated more than US$5 billion revenues from sales of crude oil, gas, condensates and petrochemicals in the second quarter of this year, noted the country's national oil corporation (NOC) in one of its social media handles. Libya oil and gas sector's recent developments herald good times for Libya's oil and gas sector. The post also pointed out that oil exports last May produced US$1.57 billion in revenues. This latest update, along with the news of major companies lifting force majeure in the country, herald good times for Libya's oil and gas sector.