The Central Bank of Libya on Tuesday announced an increase of oil revenues in the first half of 2018 to reach 15.6 billion dinars (11.39 billion U.S. dollars).
The bank said in a statement that this has surpassed the previous estimate of 13.5 billion dinars.
It added that the public spending during the first half of 2018 was 16.8 billion dinars, with a deficit of 1.2 billion dinars.
The central bank also confirmed that the volume of foreign exchange payments during the same period reached 8.91 billion dinars.
The Libyan eastern-based army, led by Khalifa Haftar, recently took control of the oil crescent region, which is located some 500 km east of the capital Tripoli and contains the country's largest oil ports, after defeating the militants occupying it.
Shortly after that, the army handed over the region to the National Oil Corporation of the eastern-based interim government, instead of the Tripoli-based UN-backed unity government.
The UN-backed government warned against "negative repercussions" of suspension of oil exports in the oil crescent region, saying halting oil exports could cost more than 67 million dollars a day.
Despite signing a UN-sponsored peace agreement by the Libyan political parties in 2015, Libya remains politically divided between eastern and western governments, both competing for legitimacy.
Libya has been plagued by insecurity and chaos since the 2011 uprising that toppled former leader Muammar Gaddafi's regime.
