Petroleum Africa
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Wednesday, February 8, 2023
PetroNor E&P has confirmed that it has realized its first lifting of oil from the PNGF Sud licenses in the Republic of Congo. The company reports that 317,904 barrels of oil were lifted from the Djeno Terminal at the start of this week (an amount equivalent to 40% of the total barrels lifted during 2022.)
The company will update the market once the realized selling price is confirmed, which it says will be based on the average spot price for a five-day period after the lifting and adjusted for a crude price discount to Brent and lifting costs.
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