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Glencore PLC — Environmental & Social Information 2026
May 8, 2026
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- ReportDetails
- CompanyName: Glencore plc
- ReportName: Extractives Report
- ReportEndDate: 2025-12-31
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- Notes: Comprises production entitlement of 148,000 bbls lifted at government sales price (GSP). Production entitlement which is paid in-kind includes all streams of production payments to the state and state national oil company (NOC) for volumes lifted. Under the production sharing contract, production entitlement is calculated on a production volume basis, however, payments are tied to lifted volumes.
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- Notes: Comprises production entitlement of 148,000 bbls lifted at government sales price (GSP). Production entitlement which is paid in-kind includes all streams of production payments to the state and state national oil company (NOC) for volumes lifted. Under the production sharing contract, production entitlement is calculated on a production volume basis, however, payments are tied to lifted volumes.
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- Notes: Comprises production entitlement of estimated 1,917 K barrels of oil equivalent valued at an estimated sales price. Production entitlement, which is paid in-kind, includes all streams of production payments to the state and state NOC of Equatorial Guinea for volumes lifted, excluding royalties. Under the respective production sharing contracts, production entitlements and royalties are calculated on a produced volume basis. However, since payments are tied to lifted volumes, the split of total estimated lifted volumes between production entitlement and royalties has been approximated. We do not have sight of the actual volumes of liquefied natural gas (LNG) lifted by the state or state NOC of Equatorial Guinea or the realised prices of those lifted volumes, as we do not market those volumes on behalf of the state or state NOC of Equatorial Guinea. We have estimated the attributable royalty and entitlement production volumes and values. LNG prices have been estimated based on the mont Comprises royalties of estimated 616 K barrels of oil equivalent valued at an estimated sales price. Royalties represent a percentage of production paid in-kind to the state of Equatorial Guinea. Under the respective production sharing contracts, production entitlements and royalties are calculated on a produced volume basis. However, since payments are tied to lifted volumes, the split of total estimated lifted volumes between production entitlement and royalties has been approximated. We do not have sight of the actual volumes of LNG lifted by the state or state NOC of Equatorial Guinea or the realised prices of those lifted volumes, as we do not market those volumes on behalf of the state or state NOC of Equatorial Guinea. We have estimated the attributable royalty and entitlement production volumes and values. LNG prices have been estimated based on the month average implied Equatorial Guinea FOB prices in the month of lifting based on published European LNG benchmarks, including
- PaymentTotal
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