Total Gabon Says 2020 Revenue Fell 46% On Year
By Emmanuel Tumanjong
Special to Dow Jones Newswires
Total Gabon SA said Monday that revenue for 2020 fell by 46%
from the year before as oil prices were hit by the coronavirus
Revenue for last year was $435 million compared with $808
million for 2019, the company said.
Total Gabon said its Brent crude sold for $36.5 a barrel in
2020, a drop of 41% from the previous year.
Meanwhile, the company's crude oil output fell by 14% to 10.2
million barrels, it said.
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(END) Dow Jones Newswires
February 15, 2021 06:29 ET (11:29 GMT)
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