Tripoli – The National Oil Corporation (NOC) continued its monthly data publication. This includes production, revenue, and budget figures. Crude oil production for January 2026 was approximately 42,709,334 barrels. The Libyan state’s share amounted to 31,505,245 barrels. Partners received 7,618,199 barrels. 7,072,548 barrels were transferred for refining. 27,261,287 barrels were available for export. Additionally, 3,633,984 barrels were allocated to power stations. These power stations are located in Ubari and Mellitah.
The average price of Brent crude oil rose in January. It reached $66.796 per barrel.
Total oil revenues collected were $1,034,319,956.72. An additional €1,255,640.31 was also collected. These amounts were transferred to the sovereign account. They covered royalties and concession contract taxes. This enhances the state’s general revenues. In-kind guarantees for fuel supply totaled $676,537,595.47. Crude oil valued at $33,722,960.41 was transferred to power stations.
The budget for Chapter One (salaries) in January 2026 was 327,792,250 Libyan Dinars. No amounts were disbursed for other budget items during that month.
The Corporation affirmed these figures reflect transparency. This applies to the Libyan oil sector’s financial performance. It also applies to its production performance. The NOC plays a vital role in supporting the national economy. It also ensures resource sustainability.