Brazil’s May oil output slashed by pandemic

A decline was also reported in natural gas production

Published in 02/07/2020 - 14:22 By Akemi Nitahara - Rio de Janeiro

Brazil’s production of oil shrank 6.5 percent in May 2020 from April, and rose 1.3 percent year on year. Natural gas production went down 7.8 percent in the monthly comparison, and slipped three percent from the same month the year before. The figures come from the Monthly Report on Oil and Natural Gas Production, published today by the National Agency of Oil, Natural Gas, and Biofuels (ANP).

The country’s May output was a daily 3.485 million barrels of oil equivalent, with a total of 2.765 million barrels of oil and 114 million cubic meters of natural gas every day.

According to the agency, the main reasons behind the slash in production was the stop made by floating production, storage and offloading vessels (FPSO) Mangaratiba and Cidade de Angra dos Reis, and the restriction on the production at oil rigs P-67, P-74, and P-76.

“In May, 34 fields had their production temporarily cut short due to the effects of the COVID-19 pandemic, of which 16 maritime and 18 land fields, and a total of 60 maritime production units still have not resumed production. In April, 38 fields and 66 units had their production halted for the same reason,” ANP reported.

Pre-salt fields accounted for 67.8 percent of the national output in May, with a daily 2.363 million barrels of oil equivalent. These were 1.875 million barrels of oil and 77.57 million cubic meters of natural gas every day at 115 wells. The reduction in pre-salt production was nine percent from the previous month, but up 12.2 percent from May 2019.

Maritime fields accounted for 96.5 percent of the oil produced in the month and 86 percent of natural gas. “The fields operated by Petrobras were responsible for 95.9 percent of oil and natural gas produced in Brazil. However, the fields where Petrobras holds exclusive stakes produced 41.8 percent of the total,” ANP said.

Translation: Fabrício Ferreira -  Edition: Liliane Farias / Nira Foster

Dê sua opinião sobre a qualidade do conteúdo que você acessou.

Para registrar sua opinião, copie o link ou o título do conteúdo e clique na barra de manifestação.

Você será direcionado para o "Fale com a Ouvidoria" da EBC e poderá nos ajudar a melhorar nossos serviços, sugerindo, denunciando, reclamando, solicitando e, também, elogiando.

Denúncia Reclamação Elogio Sugestão Solicitação Simplifique
Latest news
indústria automobilística,automóvel, fábrica
Economy

Gov’t passes free-trade deal with Paraguay for car sector

Conditions are to be effective indefinitely or until the car sector is fully adapted to the Mercosur General Regime, which stipulates a common foreign tariff at 11 tariff levels, whose rates range from zero to 20 percent.

Presidente da República, Jair Bolsonaro,  durante a cerimônia de assinatura da portaria que designa a Eletronorte como agente executor do Programa Mais Luz para a Amazônia no Amapá
Politics

Bolsonaro to send food and humanitarian mission to Lebanon

“Brazil is home to the biggest Lebanese diaspora in the world. Ten million Brazilians of Lebanese descent form a hard-working, dynamic, and active community that makes an invaluable contribution to our country", he said.

Os presidentes da República, Jair Bolsonaro e  do Supremo Tribunal Federal, ministro Dias Toffoli, fazem declaração à imprensa no Planalto
Politics

Chief justice of Brazil’s top court hospitalized

The justice is reported to have tested negative for COVID-19 and will work normally during his hospitalization.

Outbreak of the coronavirus disease (COVID-19) in Brazil
Health

Brazil reports 3 mi cases of COVID-19, 101,000 deaths

The state of São Paulo has the highest case tally since the beginning of the pandemic, with 627,126 cases and 25,114 deaths.

O Brasil tem a maior biodiversidade vegetal do mundo.São 55 mil espécies de plantas — cerca de 22% das 250 mil do planeta.
Politics

Senate ratifies Nagoya Protocol in Brazil

The document regulates the access and distribution of benefits of genetic resources of biodiversity. The decree is now expected to be enacted by Parliament.

Smoke rises from the site of an explosion in Beirut
International

Lebanon embassy calls for humanitarian help after Beirut blast

A statement reports that the country needs medical aid in all fields, as well as surgical and hospital supplies. Also requested are construction materials.