Libyan Oil Ministry: $1.484 Billion in Total Taxes, Royalties Collected from Oil Companies in October

Tripoli: The Libyan Ministry of Oil and Gas announced Tuesday that the total taxes and royalties collected from concession and participation companies on crude oil produced and exported during October amounted to $1.484 billion.

According to Qatar News Agency, the ministry stated that the amount is distributed as follows: $1,375,613,439.470 in taxes levied on oil companies, and $108,415,460.146 in royalties imposed on them.