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

Libya’s National Oil Corp. 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.

To contact the reporter on this story: Robert Tuttle in Doha at rtuttle@bloomberg.net

To contact the editor responsible for this story: Bruce Stanley at bstanley5@bloomberg.net

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