Rio, Brazil, on the Top of the Oil

Rio de Janeiro, Brazil, is acting as the world petroleum capital from October
4-7. More than 30 thousand visitors are expected to attend the twelfth edition
of the Rio Oil & Gas Expo and Conference, which is congregating the major
producers and suppliers of the international petroleum industry.

Rio de Janeiro, Brazil, is acting as the world petroleum capital from October 4-7. More than 30 thousand visitors are expected to attend the twelfth edition of the Rio Oil & Gas Expo and Conference, which is congregating the major producers and suppliers of the international petroleum industry.


The Rio Oil & Gas, which is the chief Latin American fair in the petroleum and gas sector, has been held every two years since 1982 and is divided into two large, concurrent events: the Conference, which broaches the main issues related to market development and technological innovation, and the Fair, which serves as a showcase for domestic and foreign companies to display their products and services.


The main theme of this year’s conference is Natural Gas: The Energy of the Twenty-First Century. This choice of theme is understandable due to the interest aroused by the discovery of huge natural gas reserves off the Brazilian coast, especially in the Santos Basin, in the littoral of São Paulo state.


Brazil, which until recently only had imported gas or gas in association with petroleum, should triple its domestic reserves.


“With the recent discoveries, we expect the participation of natural gas in the energy matrix to increase substantially beyond its present level of 7%,” affirms José Luiz Orlandi, Director of Operations of the Ipiranga Group and president of the Rio Oil & Gas organizing committee.


In August, natural gas consumption in Brazil attained the mark of 38.5 million cubic meters daily, a new record. This news was released at the Rio Oil & Gas opening ceremony by the Secretary of Petroleum and Gas in the Ministry of Mines and Energy, Maria das Graças Foster.


Foster also announced that gas production in Brazil corresponded to a daily average of 46.3 million cubic meters in August. Imports of the product during the period amounted to 21.9 million cubic meters daily, most of it from Bolivia.


Agência Brasil
Translator: David Silberstein

Tags:

Ads

You May Also Like

Brazilian Mission Trains Algerian Doctors in Children Heart Surgery

Doctors from Brazil's National Institute of Cardiology (INC), based in the southeastern Brazilian city ...

Brazil: Rio Intent on Keeping Hoof and Mouth at Bay

The government of Rio de Janeiro, Brazil, has launched the second phase of this year’s ...

Brazil to Leave Inprint on World’s Largest Hydroelectric

Eletrobrás (Brazilian Electric Holding, S.A.) informed that it signed a technical cooperation agreement this ...

Only Death Might Redeem Lula and the PT’s Fiasco in Brazil

I have been saying for a long time now that a large part of ...

Brazil Delighted to Be First Stop on Chinese Leader’s Tour

The choice of Brazil as the first country on Chinese President Hu Jintao’s itinerary ...

Brazil Hopeful the Amazon Will Be Deemed Free of Hoof and Mouth Disease

According to the Brazilian Ministry of Agriculture, Livestock, and Supply, Brazil is about to ...

Brazil’s Vik Muniz: You Can’t Pin Him Down

Worst Possible Illusion, a documentary on Brazilian artist Vik Muniz, takes us on a ...

Brazilian Vice-President Receives Moroccan Minister

Brazil’s Vice-President and Minister of Defense, José Alencar, received the Minister of Foreign Affairs ...

In Brazil, Police Are Bandit, But Also Victim

Fourteen-year-old schoolboy Douglas Brasil de Paula was playing pinball in a bar. João da ...

A Plan to Alleviate Brazil’s Favela Plight

In the second half of this year, Brazil’s Ministry of Cities will begin to ...