Brazil Petrobras’s New Record: 1.7 Million Barrels a Day

Petrobras – Brazilian Petroleum S.A. – broke its old daily production record of 1.596 million barrels, set in February, 2003, by turning out 1.704 million barrels per day in April.

According to Petrobras president José Eduardo Dutra, this year’s average should remain above the 1.7 million level, 14% more than last year’s daily average of 1.493 million barrels.


The production increase was made possible by the coming on line of platforms P-43, last December, and P-48, this February.


“These data confirm what is written in Petrobras’ strategic plan: Brazil will attain self-sufficiency in petroleum in 2006. And it is not a self-sufficiency that’s here today and gone tomorrow. Rather, it is one that is sustainable over the years,” Dutra affirmed.


According to the Petrobras president, the company intends to continue raising production. The forecast for 2006 is for an average of 1.92 million barrels per day. In 2010 the company hopes to reach the 2.3 million level.


ABr

Tags:

You May Also Like

With Seeds and Stones, Brazilian Shoes Sweep Women Off Their Feet

The luxury shoes designed by Jorge Guimarães are already on the feet of Arab ...

PT Blames Brazilian Scandal on Lies from the Right

In a document entitled, “In Defense of the PT, Ethics and Democracy,” the board ...

Brazilians Are Too Cordial to Love Moore

Given all the anti-Bush sentiment in Brazil, I had expected the documentary film “Fahrenheit ...

For Brazil to Engage Iran Is Not as Foolish as It Seems

On May 15th, 2010, president Luiz Inácio Lula da Silva of Brazil met with ...

Brazil May Appeal to WTO to Overturn European Ban on Its Beef

The Brazilian government on Tuesday, February 5, sharply criticized the European Union's decision to ...

Americans March All Over U.S. in Support of Brazil’s Landless

On April 22, demonstrations at Brazilian consulates around the United States, spearheaded by a ...

Brazilian child gets food

Brazil and Arabs Join Same Team to Fight Hunger and Poverty

Ministries of Social Development in Arab and South American countries are going to create ...

Chile’s First Woman President in Busy Official Visit to Brazil

The President of Chile, Michelle Bachelet, is in an official state visit to Brazil. ...

All Brazil Needed: An American Martyr!

There are cadavers and cadavers, isn’t it true? Some are sacred. Others aren’t worth ...

Hot Names

For all the globalization and Americanization of Brazil it’s a surprise to see there ...