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Brent 66.42

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Natural gas 2.801

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135

Brazil Will Be Self-sufficient

Brazil take steps to the self-sufficiency, state oil firm Petrobras said Thursday.

Brazil Will Be Self-sufficient

Brazil produced a record 1.7 million bpd in April, and take steps to the self-sufficiency, state oil firm Petrobras said Thursday.

Brazil consumes some 1.85 million bpd and imports about one-tenth of the total - mostly light crude from Venezuela, Argentina and the Middle East.

Brazil's oil output in April was 16.5 per cent higher than a year ago, Petrobras said. The previous monthly record was 1.6 million barrels a day in February 2003.

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