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:

You May Also Like

Foot and Mouth Disease Spreads to Another State in Brazil

Forty cattle farms in the southern Brazilian state of Paraná, which borders with Paraguay ...

Brazil Airport Restrictions Won’t Affect TAM, Airline Says

Brazilian leading airline TAM informed that measures announced Thursday, September 13, by Brazil's Minister ...

Brazilian Government to Pay for Cultural Courses Abroad

Brazil’s Ministry of Culture has launched a new initiative for Brazilians to take courses ...

Brazil Festival Matures: 329 Films from 66 Countries

The 28th annual São Paulo International Film Festival opens today. By choosing the Cine ...

The Meaning of Brazil’s Protests and a Who Is Who of the Main Villains

A wave of pro-impeachment protesters against Brazilian president Dilma Rousseff, representing the largest political ...

Hell’s End

“We are shutting down what can only be described as an inferno. It has ...

Brazil Opens Office in Africa to Share Agricultural Expertise

African nations are set to benefit from Brazilian expertise in tropical agriculture thanks to ...

For Northeastern Brazilians Without Farofa There’s No Real Meal

I have written a lot about traditional Brazilian dishes like moqueca, feijoada or churrasco ...

Despite International Outcry Lula Gives Green Light to Belo Monte Hydroelectric Plant

The president of Brazil, Luiz Inácio Lula da Silva signed Thursday the contracts for ...

Brazil Once Again Breaks Record as Recipient of Foreign Investment

Among the main objectives of the conference that the World Association of Investment Promotion ...

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