Pre-salt produces 71,000 oil barrels/day in 2011, says ANP

Brazil’s pre-salt oil output averaged 71,000 barrels/day in 2011, according to data disclosed by the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) at the close of July.

This average is equivalent to 3.4% of the country’s total oil output and is included in the Brazilian Oil, Natural Gas and Biofuel Statistical Yearbook - 2012, which the regulatory agency disclosed on its website on Tuesday.

The yearbook also states that Brazilian proven oil reserves increased by 5.6% to 15 billion barrels, which takes the country to the 14th place in the global ranking.

Proven natural gas reserves grew by 8.6% to 459.4 billion cubic meters.

Regarding oil products, fuel sales increased by 3.6% in 2011.

Gasoline sales rose by a substantial 19%, while hydrous ethanol sales fell by 27.7%. The steep rise in ethanol prices jeopardized this fuel’s competitiveness, according to the agency. (by Leila Coimbra)

Source: Reuters

Updated in  2014-01-08T21:13:46
All the dates of this page are presented in official timezone of Brasilia - Brazil.


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