Awwal 21, 1432 H/Feb 24, 2011, SPA -- Spanish oil giant Repsol tripled its net profit to 4.69 billion euros (6.47 billion dollars) in 2010, the company said Thursday, according to dpa. Repsol attributed the gains to the sale of a 40 per cent stake in its Brazilian subsidiary to China's Sinopec as well as high oil prices and discoveries of new oilfields. The company did not comment on the possible impact of the violence in Libya, where it has suspended operations, repatriating 131 employees and their relatives to Spain on Wednesday. In 2009, Repsol extracted 34,777 oil barrels in Libya daily. That amounted to 3.8 per cent of its global production.
