São Paulo – Last Thursday evening (10th), Petrobras announced that its oil and natural gas reserves stood at 16.44 billion barrels in late 2012, up 0.2% from the preceding year.
According to the company, 15.729 billion barrels, i.e. 96%, are located in Brazil, and 711 million barrels, i.e. 4% are overseas.
*Translated by Gabriel Pomerancblum
