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Australia's FAR signs marketing deal with Glencore for Sangomar Field

Published 22/01/2020, 09:53 am
© Reuters.  Australia's FAR signs marketing deal with Glencore for Sangomar Field
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Jan 22 (Reuters) - FAR Ltd FAR.AX said on Wednesday it signed a binding agreement with Glencore Plc GLEN.L to market the Australian company's share of crude oil from its Sangomar Field in Senegal.

Under the binding memorandum of understanding, the Africa-focused oil explorer will let Glencore market a minimum of 20 million barrels of oil for seven years.

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