Libya's total oil revenues reached 22.63 billion dollars by the end of November, an increase not seen in Libya since 2014. Total expected revenues for 2018 are estimated at 23.7 billion dollars, an increase of 73 percent compared with the previous year 2017.
According to data from the Libyan Foreign Bank, oil revenues have risen since the beginning of this year, achieving the largest increase in revenues in last October by 2.87 billion dollars, and the lowest month in oil revenues was last April recording 1.1 billion dollars.
It should be noted that the oil revenues in Libya go through an account of the Libyan foreign bank owned by the Central Bank in Tripoli.
Source (Economic Bulletin website, Edited)
