Brazil’s Petrobras Promises New Production Record

The president of Brazil’s Petrobras, José Eduardo Dutra, guaranteed, March 16, that in April the company will break the national record for daily petroleum production.

The current record of 1,640,509 barrels was set on March 14, 2003. According to Dutra, establishing a new record will depend upon the production of platforms P-43 and P-48.


P-43, which has been in operation since last December, has an average daily output of 20 thousand barrels and is currently producing around 70 thousand barrels/day.


P-48 began functioning this year and is currently producing 20 thousand barrels/day. By midyear, the two platforms, which are located in the Campos Basin, are, together, expected to produce 300 thousand barrels/day.


Dutra said that petroleum production in February remained stable in relation to January. Average daily petroleum production in domestic fields amounted to 1,523,654 barrels in February, 0.6% (10 thousand barrels) less than the 1,532,647 figure registered in January.


Translation: David Silberstein
Agência Brasil

Tags:

You May Also Like

José Marcolino and family by Sérgio Tomizaki/Agência Meios

Recycling in Brazil Becomes Ticket Out of Poverty and Inspires World

When he was unemployed, after years working as a welder, 49-year-old José Marcolino da ...

Por aí – Manfredo Again

Manfredo again Nurtured by European classics and fascinated by jazz, Manfredo Fest, a Brazilian ...

Brazilian Youth Want Jobs and End to Violence

Around 30% of the Brazilian population is composed of youth between the ages of ...

Rest in Peace, Brazil’s Old Warrior!

Leonel Brizola lost an election, lost another, and then modestly became the vice presidential ...

Brazil Flexes Its Mighty Muscles at Abribusiness Congress

The 4th Brazilian Agribusiness Congress, to discuss the tendencies of world agribusiness, has begun ...

Vietnam Win Over US Is Life Lesson to The World, Says Brazil’s Lula in Hanoi

Luiz Inácio Lula da Silva, the Brazilian president, during his visit to Vietnam and ...

Brazil Won’t Tolerate Mediocrity or Second Place… in Soccer

Because Brazil is one of the world powers in soccer, we are dissatisfied with ...

Brazil cattle

Brazil Gets Ready for Trade Mission in North Africa

Businessmen from Brazil interested in exporting to Northern Africa will be able to participate, ...

Brazil Finally Admits Belo Monte Will Cost Well Over US$ 11 Billion

Brazilian Belo Monte hydroelectric power plant’s actual construction will begin in September or October. ...

Brazil’s Industry Leaders Want to Bypass Mercosur and Sign EU Accord

A group of businessmen belonging to Brazil's powerful National Confederation of Industry, CNI, said ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`