{"id":44532,"date":"2013-04-18T18:08:00","date_gmt":"2013-04-18T20:08:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/brazil-to-be-self-sufficient-in-oil-again\/"},"modified":"2024-02-21T22:27:43","modified_gmt":"2024-02-22T01:27:43","slug":"brazil-to-be-self-sufficient-in-oil-again","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazil-to-be-self-sufficient-in-oil-again\/","title":{"rendered":"Brazil to be self-sufficient in oil again"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Brazil&rsquo;s state-run oil company Petrobras announced this Thursday (18th) that as of next year, oil output in the country will be back in volumetric self-sufficiency, i.e. the volume of oil produced will match that of products consumed, including production from Petrobras, its partners and other oil-producing companies. According to the company, oil self-sufficiency was attained in 2006, but from 2007 to 2012, demand for oil products was up 4.9%, while output was up 3.4%.<\/p>\n<p>Petrobras&rsquo; production curve in Brazil will grow continuously until it reaches the goal set forth in the 2013-2017Business and Management Plan, which is 2.5 million barrels per day in 2016, 2.75 million in 2017, and 4.2 million in 2020.<\/p>\n<p>By 2020, Petrobras estimates that it will have a refining capacity of 3.6 million barrels per day, while consumption should be at approximately 3.4 million barrels per day. &ldquo;By then, oil output in Brazil will outstrip production of oil products, which will make the country self-sufficient in oil products as well,&rdquo; according to a press release from the company.<\/p>\n<p>In February, Petrobras&rsquo; total oil and gas output was 2.4 million barrels of oil equivalent (boe), including the output from partner companies. The volume is down 1.7% from January. If overseas output is included, the volume goes up to 2.5 million boe. Oil-only production in February stood at 1.97 million barrels per day, including partner companies.<\/p>\n<p><strong>*With information from the ANBA Newsroom. Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-185263\">Ag\u00eancia Petrobras<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Petrobras informed that starting next year, the country\u2019s output volume will match that of consumption. From 2007 until last year, demand for oil products was up 4.9% and output was up 3.4%.<\/p>\n","protected":false},"author":2315,"featured_media":185263,"comment_status":"closed","ping_status":"open","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":[],"class_list":{"0":"post-44532","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"Petrobras informed that starting next year, the country\u2019s output volume will match that of consumption. From 2007 until last year, demand for oil products was up 4.9% and output was up 3.4%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/44532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=44532"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/44532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/185263"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=44532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=44532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=44532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}