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    Oil output up 2.8%

    March saw 2.5 million barrels of oil equivalent and 111 million cubic meters of gas produced per day in Brazil, the National Agency of Petroleum reported.

    From the NewsroomBy Updated:1 Min Read
    A worker is pictured on the Floating Production Storage and Offloading Vessel (FSPO) "Cidade de Itaguai" oil platform, operating at Santos basin exploration unit of Pre-Salt in Itaguai, about 150 miles (240 km) off the coast of Rio de Janeiro, Brazil on November 10, 2017. Anchored in water 7,350 feet (2,240 meters) deep, the "Cidade de Itaguai" platform defies nature's most primal forces -- and what until recently were considered humankind's own limitations. These so-called pre-salt fields contain vast crude oil reserves but at incredibly hard to access depths, requiring a combination of high-tech and simpler things, like extremely long, strong pipes. The oil platform is operated by Brazilian oil company Petrobras and Japanese oil company Modec. / AFP PHOTO / MAURO PIMENTEL

    São Paulo – Oil and gas output was up 2.8% in Brazil to 3.2 million barrels of oil equivalent in March over February, as per figures released this Friday (3) by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

    Oil output was 2.56 million bpd, up 2.8% over February and 0.1% year-on-year in March. Natural gas output was 111 million cubic meters per day, up 1.2% from February and 4.2% from March 2018.

    Translated by Gabriel Pomerancblum

    Mauro Pimentel/AFP

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