NOC reports record revenues for June

oil and gas - August 1, 2021

The National Oil Corporation (NOC) announced on Friday that it had achieved record revenues of more than $2.13 billion for the month of June.

The net income generated from crude oil, gas, condensate, petroleum products, and petrochemicals booked marked increases due to strong demand, as well as high production and prices, the NOC explains.

Crude oil revenues amounted to $ 2,069,856,297.84, condensate gas revenues stood at $ 66,246,667.01, and petrochemicals rose to $3,251,283.50, the data shows.

The total net income from oil sales amounted to $ 3,251,283.50, according to the NOC. It indicated that it had distributed refined petroleum products in the domestic market.

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