NOC: Oil revenues in November reached $2.4 billion

News In Brief

NOC: Oil revenues in November reached $2.4 billion

December 29, 2018 - 14:51
Written by: SafaAlharathy

The National Oil Corporation (NOC) has announced that crude oil sales and its derivatives, and the tax and royalties received from concession contracts amounted to $2.4 billion last November.

The NOC expected for the gross revenue from the sale of crude oil for 2018 to hit 24.2 billion US dollars, an increase of 76% cent from last year.

“November's income is the third highest monthly revenue of 2018,” the NOC explained in a statement.

Latest Videos