{"id":196696,"date":"2018-06-29T15:35:16","date_gmt":"2018-06-29T18:35:16","guid":{"rendered":"https:\/\/anba.com.br\/?p=196696"},"modified":"2019-06-30T18:01:19","modified_gmt":"2019-06-30T21:01:19","slug":"oil-output-climbed-4-2-refining-dropped","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/oil-output-climbed-4-2-refining-dropped\/","title":{"rendered":"Oil output climbed 4.2%, but refining dropped"},"content":{"rendered":"<p>Rio de Janeiro \u2013 Oil production increased in Brazil for the fourth straight year to an average 2.6 million barrels per day (bpd) in 2017, up 4.2% from the year before. The information is from the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which released 2017 industry numbers this Friday (29).<\/p>\n<p>The hike in output was driven by increased production from pre-salt oilfields, averaging 1.3 million bpd and accounting for some 50% of nationwide production.<\/p>\n<p>Natural gas output averaged 109.91 million cubic meters a day, up 5.9% from 2016. Once again, pre-salt production was a major contributor at 45.3% of all gas extracted in the country.<\/p>\n<figure id=\"attachment_196694\" aria-describedby=\"caption-attachment-196694\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"https:\/\/anba.com.br\/wp-content\/uploads\/2018\/06\/refinaria-cubat\u00e3o-300x172.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-196694\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2018\/06\/refinaria-cubat\u00e3o-300x172.jpg\" alt=\"\" width=\"300\" height=\"172\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2018\/06\/refinaria-cubat\u00e3o-300x172.jpg 300w, https:\/\/anba.com.br\/wp-content\/uploads\/2018\/06\/refinaria-cubat\u00e3o-768x440.jpg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2018\/06\/refinaria-cubat\u00e3o-1024x586.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-196694\" class=\"wp-caption-text\">Brazil utilized 76% of its refining capacity in 2017<\/figcaption><\/figure>\n<p>As a result of increased output, oil imports were down 16.4% last year, to an average 149,200 bpd. Conversely, exports reached an all-time high at 996,600 bpd, up 24.8% year-on-year.<\/p>\n<p><strong>Refining<\/strong><\/p>\n<p>Despite the stronger oil and gas output, refining decreased in Brazil last year, with total oil product output down 3.7% from 2016 to 1.9 million bpd, which is tantamount to 76.2% of national installed capacity.<\/p>\n<p>Oil product imports were up 26.1% to meet domestic demand, which was 615,700 bpd. Higher international prices led to a 57.5% hike in expenditure on oil product imports.<\/p>\n<p>As for biofuels, ethanol production remained virtually flat, while biodiesel production climbed 12.9%, mostly due to the fact that the rate of addition of biodiesel to regular diesel increased to 8%.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-196692\">Mauro Pimentel\/AFP<\/div>\n<div class=\"credits-overlay\" data-target=\".wp-image-196694\">Miguel Schincariol\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Production averaged 2.6 million barrels per day last year in Brazil. Manufacturing of oil products, on the other hand, slid by 3.7% to 1.9 million bpd as spending on imports went up.<\/p>\n","protected":false},"author":2315,"featured_media":196692,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[507,232,36032,3061,1964,511,3535,37175,2545,3549],"class_list":{"0":"post-196696","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-anp","9":"tag-brazil","10":"tag-gas-natural-en","11":"tag-natural-gas","12":"tag-oil","13":"tag-petrobras","14":"tag-petroleum","15":"tag-pre-sal-en-2","16":"tag-pre-salt","17":"tag-refining"},"wps_subtitle":"Production averaged 2.6 million barrels per day last year in Brazil. Manufacturing of oil products, on the other hand, slid by 3.7% to 1.9 million bpd as spending on imports went up. 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