• Categories
  • Archives

Brazil Sets New Record in Oil Production, 50,000 Barrels Above Daily Demand

As Brazilian state-owned oil company Petrobras moves ever closer to its goal of petroleum production self-sufficiency for Brazil, it is now regularly setting new production records.

On Monday, December 19, a new record for the day was set of 1,857,425 barrels. That is 23,000 barrels more than the last record day on 23 June of this year.

And, most importantly, it is some 50,000 barrels above the country’s average daily demand (which is running at 1.8 million barrels daily). Petrobras says it intends to close out the month of December with average daily production above 1,850,000 barrels.

Petrobras explains its stellar performance this year by reporting that its production has been strong in older oil fields off the coast of the state of Espí­rito Santo, and "exceptional" in the Campos Basin (off the coast of the state of Rio de Janeiro) where the country’s largest and newer oil fields are located.



  • Show Comments (1)

  • Guest

    But if you are already at 50000 barrels above the daily demand, then you are already self sufficient !!!!
    Therefore why say you are closer to self sufficiency ?

    May be some barrels disappear ????

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

G4 Meets at Brazil’s Embassy in London to Discuss UN Reform

On Friday night, July 8, Germany, Brazil, India and Japan made progress in their ...

The Old Boys (and Girls) from Brazil

The proportion of Brazil’s elderly is increasing more rapidly  than that of children. In ...

Steel: A Reason Many Are Bullish on Brazil

Last month’s article on “The risks and rewards of investing in Brazil” asked the ...


Slam-bang Guga Gustavo Kuerten, who every Brazilian is calling Guga these days, is tennis’ ...

Number of New Jobs Drop Sharply in Brazil

73, 285 jobs were created in Brazil in February, up 0.30% from January, but ...

Summer Camp with Capoeira and Brazilian Zest

Baltimore’s first Brazilian Carnival Summer Camp opens June 27th and will feature Capoeira, the ...

Sweet War: Don’t Go There, Brazil Warns EU on Their Plan to Export Sugar

The European Union plans to export an extra 500,000 tons of sugar because world ...

Field of Dreams

A visit to a settlement of landless farmers near Porto Alegre, capital of the ...

Anarchist with a Cause

By Alessandra Dalevi Being co-author of "Ai Que Saudade da Amélia", one of Brazil’s ...

An Explosive Situation in Rio: Manholes Detonating Like Bombs

Once again this week a manhole in the center of Rio, on the corner ...