Advanced Search

LatinNews Daily - 03 June 2020

Click here for printer friendly version
Click here for full report

In brief: Brazil maintains steady oil production despite pandemic

* Brazil’s national oil sector regulator (ANP) has reported that the country produced 3.73m barrels of oil equivalent per day (boed) in April, including 2.95m barrels of oil per day (bpd) and 124m cubic metres per day of natural gas. Despite the coronavirus (Covid-19) pandemic temporarily interrupting production in 38 fields and paralysing activities in 66 marine production plants, oil production was practically unchanged from March, decreasing by 0.5%, while natural gas production increased by 1.9%. The ANP notes that 69.5% of total production in April came from the 'pre-salt' offshore fields, accounting for 2.59m boed – a 4.2% increase on pre-salt production in March, and a 31.2% increase on pre-salt production in April 2019.