São Paulo – In its monthly report issued last Friday (9th), the International Energy Agency has described the Brazilian pre-salt as the most attractive oil finding made in recent times. The agency has also underscored that there new data on the pre-salt is required, so that concerns with the future supply of the product may be ruled out.
The IEA has also revised the oil supply in Brazil down by 25,000 barrels per day in 2009 and by 45,000 barrels per day in 2010. The subtraction of those figures would leave the total supply in the country at 2.51 million barrels per day this year and 2.75 million barrels per day next year.
The report also claims that it would take an additional production of more than 3.5 million barrels worldwide to make up for the depleting of reserves currently being tapped.
The agency has also called attention to discoveries made outside of the scope of the Organisation for Economic Cooperation and Development (OECD), which help to counter the decreasing production in other countries.
*Translated by Gabriel Pomerancblum
