Written by financial analyst Khaled Al-Zantouti:<\/p>\n\n\n\n
An innocent question: how did the foreign partner\u2019s share of crude oil drop in April to 14% from 20% in March!?<\/p>\n\n\n\n
Did it miraculously decrease by around 2.5 million barrels, or did it fall due to some \u201cmagic\u201d by Arkno Company!?<\/p>\n\n\n\n
I have previously pointed out many times that, to our knowledge, the foreign partner\u2019s share does not exceed 12.5%! But anyway, even 14% is acceptable.<\/p>\n\n\n\n
We need clarification on why the foreign partner\u2019s share increased in March and then declined in April. Hopefully, this positive trend of decreasing the foreign partner\u2019s share will continue in the future until we reach the target of 12.5%!<\/p>\n\n\n\n
Since revenues are deposited into the Central Bank account after a month, we expect\u2014God willing\u2014that the Central Bank will receive in May the value of April\u2019s sales, which (based on figures published by the National Oil Corporation in terms of quantities, and using the average Brent price for April of about $104 per barrel) will be around $3.2 billion. And as confirmed by insiders, this excludes royalties, gas, and does not account for smuggling. Let\u2019s hope for the best!<\/p>\n","protected":false},"excerpt":{"rendered":"
Written by financial analyst Khaled Al-Zantouti: An innocent question: how did the foreign partner\u2019s share of crude oil drop in April to 14% from 20% in March!? Did it miraculously decrease by around 2.5 million barrels, or did it fall due to some \u201cmagic\u201d by Arkno Company!? I have previously pointed out many times that, […]<\/p>\n","protected":false},"author":13,"featured_media":256864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[683],"tags":[613],"class_list":["post-256863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-articles","tag-libya"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=256863"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256863\/revisions"}],"predecessor-version":[{"id":256865,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256863\/revisions\/256865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/256864"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=256863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=256863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=256863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}