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04 September 2009

Brasil's Oil Finds Will Make It #8 In World Reserves.

LAHT.
Brasil currently has 14 billion barrels of proven reserves, but that total could rise to 80 billion just with the “pre-salt” areas already under concession.
Almost all the new oil will be exported because Brasil is energy self-sufficient and plans to maintain its current energy mix, 46 percent of which is based on renewable sources.
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Labels: Brasil, Brazil, Petrobras, pre-salt fields
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