Libya's revenues from oil exports in 2025 increased by over 18% compared to 2024, according to the Libyan National Oil Corporation (NOC).
Total revenues from the oil sector in 2025 amounted to $21.99 billion, compared to $18.61 billion in 2024.
As indicated by the data published by NOC, the average daily oil production in 2025 reached 1.374 million barrels, marking the highest level in the last 10 years. The total production volume for the year reached 501 million barrels.
"This clearly demonstrates the significant success of NOC's strategy to increase crude oil production volumes, thanks to the efforts of employees across all production sites," the corporation's statement said.
As part of its transparency policy, NOC also published a detailed report on oil revenues transferred to the Libyan Sovereign Fund for the 2024-2025 fiscal years. In addition to data on government revenues from oil sales, the document includes information on taxes and royalties, as well as the minimum and maximum oil prices during the specified period.
In November, Libya exported its first shipment of Sidra crude oil from the Chadar field.
NOC is a state-owned corporation established in 1970 with the aim of managing the entire oil and gas sector in the country. It is headquartered in Tripoli and serves as the sole legitimate state operator in the oil sector throughout the country.
