Tripoli (UNA) – The National Oil Corporation (NOC) announced that September 2021 net revenues from sales of crude oil, gas, condensates, petroleum products and petrochemicals reached record levels, driven by a surge in prices around the world. NOC Chairman Mustafa Sanalla commented: “Production rates are great, and the surge in prices is an important and encouraging sign.” Sanalla expected a significant reduction in the deficit that the general budget has suffered from for years. He expressed optimism that financial stability will contribute to creating an investment environment, especially in the infrastructure of the national oil sector. (End)
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