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Galp to break even at below $35/per oil barrel from 2019

 

LONDON
Petroleumworld.com 02 22 2017

Galp Energia Sgps Sa

* Galp says cash breakeven price around $65/bbl in 2016-18 and below $35/bbl in 2019-21

* Galp says expects upstream technical costs to fall below $20/boe after 2020

* Galp says targets 2016-21 production growth of 15-20 percent from sanctioned projects



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