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FILE PHOTO: Rahul Dhir, CEO of Tullow Oil, speaks to Reuters at the Africa Oil Week 2022 conference at the Cape Town International Convention Centre 2, Cape Town, South Africa, October 4, 2022. REUTERS/Shelley Christians/File Photo
Tullow Oil Plc’s assets in the central African nation of Gabon, which account for around a quarter of its crude production, remain unaffected by a presidential coup last month, Bloomberg reported.
The Africa-focused company produced about 12,800 barrels a day of oil from non-operated assets in the nation, Tullow said in its half-year results on Wednesday, the news agency reported.
“Everything has been business as usual, there’s been a number of cargo liftings,” Chief Executive Officer Rahul Dhir said of Gabon in an interview with Bloomberg. “We’ve obviously watched carefully, but it’s been fine.”
Military officers in oil-producing Gabon overthrew the government on August 30, detaining President Ali Bongo before later releasing him and appointed a new leader after the Central African country's election commission concluded Bongo had won a third term.
(Editing by Seban Scaria seban.scaria@lseg.com)