Libya’s NOC Says 2012 Oil, Gas Revenues To Total $54.9 Billion

Libya’s National Oil Corp (NOC). expects to generate $54.9 billion in revenue from oil and natural gas this year, according to a release posted on its website.

The revenue would come from exports and taxes on oil companies operating in the North African country, the NOC said.

Source: Bloomberg 

Libyan government lending to foreign states

Feb 9 (Reuters) - A Libyan government document obtained by
Reuters showed the oil exporter is owed over $3 billion dollars
by foreign governments after handing out dozens of loans that
underscore its wealth and its diplomatic clout. the document,
which was drafted by the Libyan General Peoples' Committee for
International Cooperation, or foreign ministry.

The documents also states that the following countries have
fully repaid loans to Libya: Hungary, Poland, Benin, Vietnam,
Panama, Ghana, Algeria, Uganda, Gabon

* Amounts in millions of U.S. dollars unless otherwise stated
** Loans not yet due for repayment

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