National oil production rose 5.7% and reached 2.9 million barrels/day in 2020. The increase was led by the supply of pre-salt oil, which reached an average of 2 million barrels per day in the year, about 69.4% of the country’s output. Likewise, this is the 11th consecutive year of increase for natural gas, growing by 4,3% (128 million cubic meters per day). In the pre-salt, natural gas production also continues to increase its share, with 65.7% in 2020. Oil exports reached the highest price in history due to the increase in domestic production in 2020 (1.4 million barrels per day), which represents an annual increase of 16.9%. Oil imports dropped 28.9% (135,000 barrels per day). The national production of oil products grew 3.4% in 2020, reaching 2 million barrels/day, around 77.2% of the refining capacity. Biodiesel production was 9% higher than the last year.
Source: Portos e Navios (*Translated by Ia Niani)