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2014-09-02 17:55:00

GLENCORE: 3.159 MB, UP 46%

GLENCORE: 3.159 MB, UP 46%

Glencore's equity oil production in the first half of 2014 was 3.159 Million barrels, up 46% from 2.159 Million barrels in the first half of 2013.

The commodity trader is growing its portfolio in upstream oil and gas, though, for now, the only producing African assets are in two countries; Equatorial Guinea and Chad Republic.

"Gross oil E&P production (in 1H 2014) was 14 Million barrels, up 41%, relating to full period operations at Alen (Equatorial Guinea) and Badila (Chad) which came on line during 2013" the company says in its report.

Glencore's…

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Tags: GLENCORE, OIL, AFRICA
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