Galp Energia increased oil production in the last quarter of last year. According to the operational data released this morning before the market opens, the processed raw materials grew by 4.2% over the last quarter of 2014. Sales of petroleum products rose 0.5%.
In terms of exploration and production, average production “working interest” increased 43.3% to 52,100 barrels per day in the fourth quarter 2015 compared to the same period last year.
Oil production increased 43.8% to 48.900 barrels per day.
In relation to sales of natural gas, there was a decrease of 10.3% in the last quarter of the year past over the same period in 2014.
Galp Energia presents results on 8 February.
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