French group Total expects oil production amounts to about 3 million barrels per day in 2017 thanks to new projects, compared with about 2.4 million barrels per day at the moment.
The company expects to grow production in the period from 2011 to 2015 by about 3% per year on average at a rate of $ 100 a barrel, and that growth is accelerating sharply in the following years.
The company said it plans to sell assets worth up to $ 20 billion until 2014.
The company expects to grow production in the period from 2011 to 2015 by about 3% per year on average at a rate of $ 100 a barrel, and that growth is accelerating sharply in the following years.
The company said it plans to sell assets worth up to $ 20 billion until 2014.
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