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22 March 2010

BRASIL: Petrobras Will Increase Investment By 26%.

BLOOMBERG/   Petrobras' investments will rise to between $200 billion and $220 billion or about 26% versus a previous plan of $174.4 billion for the 2009-2013 period said Chief Financial Officer Almir Barbassa. The plan is to tap Tupi, the Western Hemisphere’s biggest crude find.