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 pandemic.
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
02-15-21 0629ET