Libyan Oil Revenues Exceed $44 Billion in Year Through October

Libyan oil revenues from the start of the year through Oct. 31 totaled 55.67 billion Libyan dinar ($44.1 billion), according to the country’s state news agency LANA, citing a banking operations report from the central bank.

The U.S. Energy Information Administration’s website estimated Libyan net oil export revenues at $44 billion in 2010 and $13 billion last year, when armed conflict gripped the country.

To contact the reporter on this story: Brigitte Scheffer in Tripoli at bscheffer@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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