The Oil & Gas Year Brazil 2014
Brazil’s oil and gas activity has picked up after the highly anticipated pre-salt bidding round, which included the giant Libra field. After a five-year hiatus, the onset of three bidding rounds in 2013 has thrown Brazil into a whirlwind of seismic surveys and technological developments aimed towards exploration in the country’s oil and gas basins.
National oil company Petrobras still dominates the energy market. In 2013, inflation rates reached 6.7 percent and the price of fuel imports coupled with government imposed fuel prices has saddled Petrobras with huge debts just when it seeks to invest in pre-salt.
Produced in partnership with Pré-Sal Petróleo – the administrative body in charge of pre-salt basins – The Oil & Gas Year Brazil 2014 features interviews with the national leaders of the hydrocarbons industry including the minister of mines and energy and the director general of the national hydrocarbons agency. Illustrated throughout with graphs and maps TOGY Brazil 2014 presents a detailed analysis of a pivotal market for investors.