Libya's NOC receives 1.35 billion dinars

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Libya's NOC receives 1.35 billion dinars

May 04, 2021 - 22:36
Written by: AbdulkaderAssad

The Libyan National Oil Corporation (NOC) said Tuesday it had received 1.35 billion dinars on its account at the Central Bank of Libya, hoping it would receive the rest of its funds.

The NOC said it had given 350 million dinars to Sirte and Arab Gulf companies, while the one billion dinars would be distributed to the rest of the oil companies under the NOC.

The NOC thanked everyone who helped end the financial predicament and hoped the rest of its budget would be soon sent to its bank account to be able to implement its production plans.