• Categories
  • Archives

Petrobras Exports Close to 23 Million Barrels of Oil in March, a Record

Petrobras's platformState-controlled Brazilian oil and gas multinational Petrobras broke its export record in the month of March. The company shipped 733,000 barrels out of the country per day. In total, sales reached 22.73 million barrels in the whole month, which exceeded the previous record, for December 2008, by 113,000 barrels.

The figures refer to the volume of barrels shipped. Revenues for the shipments should only come in April or May this year, according to figures disclosed by the company. The greatest buyers abroad in March were the United States, with 32% of the total. Then came India, 22%, China, 20%, Europe, 18%, and then Japan and Canada, each having purchased 4%.

Last year, the company exported on average 705,000 barrels a day. The result of exports generated a surplus of US$ 2.8 billion in the trade balance, with a surplus of 156,000 barrels a day. The figures do not include the gas sector. The result was due to greater sales of oil and oil products, which rose 4.8% over 2008. The greater Brazilian production of oil and 23% reduction in all products exported, like diesel, also contributed to the surplus.

Exclusive production of oil reached a daily average of 1.97 million barrels in 2009, growth of 6.3% over 2008. The volume of natural gas produced, in turn, was 50.343 million cubic metres a day, remaining at the same level as production in 2008. When taking into consideration the company’s average daily production in other countries, the output reached 2.5 million barrels of oil equivalent (oil and gas), growth of 5.2% over 2008.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published.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.

Ads

You May Also Like

Cell Phones and TV Sets Spur Brazilian Industry

The 3.1% increase of the Brazilian industrial production in 2005, compared to 2004, was ...

Brazil Uneasy About US Soldiers on Its Borders

“Another Amazon is possible” will be the slogan in Manaus from today (18 January) ...

Moscamed, the Biofactory Brazil Hopes Will End Fruit Fly

In March, Brazilian fruit growers will gain a new and powerful ally in their ...

Brazil Wants Reduction of Fishing Subsidies to Rich Countries

The overexploitation of the fishing sector in the last years has caused a reduction ...

The Dark Face of Brazil’s Carnaval

Airplanes full of hopeful revellers descend on Salvador, Bahia, Brazil, in the days before ...

In 4 Years Brazil Gets Its Old Dream Road from Sea to Shining Sea

The presidents of Peru, Bolivia and Brazil inaugurated a US$ 810 million highway project ...

Ethanol Production in Brazil Jumps 20% Thanks to Country’s Eco-Friendly Fleet

Brazil's production of ethanol grew approximately 20% in the current crop, and sugarcane production ...

Brazil Hoping to Sign a Mercosur-EU Agreement by 2006

Given the discouraging prospects of the coming trade liberalization negotiations in the framework of ...

Oswaldo Cruz Foundation headquarters in Brazil

Brazil to Offer Masters Degree in US, Europe and Africa

Brazil's Foundation for Improvement of Higher Education Students (Capes) and the Oswaldo Cruz Foundation ...

The Atlantic Forest used to cover the whole Brazilian coast

German State Bank Invests US$ 11 Million in Brazilian Forest

KFW (Kreditanstalt für Wiederaufbau), the German government owned  Development Bank, is going to invest ...