PETROBRAS RAISES PRODUCTION LEVELS IN JANUARY

In January, Petrobras exceeded the levels of production when compared to the last quarter of 2020, after the scheduled stops at the platform have weakened production, said Carlos Alberto Pereira de Oliveira, executive director of Exploration and Production at Petrobras. The scheduled stops happened in the fourth quarter of 2020 as most of them could not be carried out in the second and third quarter due to the Covid-19 pandemic. “We have already produced more in January (2021) than in the last quarter of 2020”, said Oliveira, at a news conference. The scheduled stops in 2021 are expected to happen throughout the year. According to the executive director of Commercialization and Logistics, Andre Chiarini, the company forecasts to produce 2.72 million barrels of oil per day in 2021, this percentage may vary 4% up or down. Petrobras’ exports this year will maintain the same levels of production, and there is no expectations for beating new records.

Source: G1

*Translated by Ia Niani