The average production of Galp Energia had an increase of 60.5 percent in the first quarter of 2017 as compared to the same period in 2016. Already in the previous quarter, the average production recorded an increase of 4.3%. The data are in markets and Furniture Values Commission (CMVM).
About of 79300 barrels of oil per day from 86200 produced by the company were extracted from Brazil and Angola 6900 regarding total production including operational costs, Galp rose 56.1% in relation to the period of the previous year.
In the refining and distribution, the company registered a 9.4% drop in the raw materials processed compared to last year and an increase of 3.8% in the previous quarter. In a period where Petrobras presented fall in your production, the Portuguese Galp presented high number in Brazil. But what conclusion can we get this distinct difference?
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