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Britain says Brazil has the best science base outside the G8

Friday, June 24th 2011 - 11:07 UTC
Full article 11 comments
Petrobras CEO Jose Sergio Gabrielli (Photo Reuters) Petrobras CEO Jose Sergio Gabrielli (Photo Reuters)

The UK said that Brazil has the best science base outside the G8, and Brazil’s state-controlled oil and gas giant Petrobras CEO Jose Sergio Gabrielli predicted that his country will shortly become the world's largest market for deep offshore oceanic hydrocarbon exploration equipment.

Talking to journalists on the sidelines of a Brazilian-UK panel on energy generation in Rio de Janeiro Gabrielli said, ”In terms of growth possibilities, in the next 10 years, most of the discoveries will come from Brazil”.

A spokesperson for the UK Trade & Investment (UKTI) government agency told reporters, “Developing closer ties on technology is a priority in the bilateral relationship. The UK and Brazil have much to gain through working together. In many respects the two countries are a natural fit”.

“Brazil has the best science base outside the G8 and the UK is at the cutting edge in a number of sectors notably low carbon research and development”.

Gabrielli predicted that in the immediate future, “we will see a reduction of the consumption of oil by-products in the U.S., Europe, and Japan, and an increase in consumption in China, India, Brazil, and Africa, where there is accelerated economic growth and social inclusion” according to reports from the local press.

“There will be new logistics and perspectives in the oil geopolitics in the next years” underlined Gabrielli.

Brazil’s offshore reserves have attracted British attention, as this week British Trade Minister Lord Green led a trade delegation to Brazil to promote for business.

Top Comments

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  • briton

    There’s nothing better in life than to be told by the best, that you are doing very well, an achievement worth working for, recognition by the best, shows the respect you are earning,

    A pity then [oh if only] it could have been Argentina,
    Still they can all dream,
    But this is for adults, and not the kids,
    Poor Argentina [what could have been] ????

    Jun 24th, 2011 - 12:19 pm 0
  • malen

    the british came to Brasil to ask for “moderation” (they asked Patriota it appears in portuguese in the web) in Malvinas issue and to play the famous rol of polites and white gloves thieves we already know so well: “divide y reinarás” they are desperatelly searching for an allie in SA
    but trade all you want talk all the nonsense you want that Br and Ar knows how to manage this at the end we will support each other we have learned the results of foreigner powers intromissions

    Jun 24th, 2011 - 12:39 pm 0
  • Beef

    malen - So explain all that FI squid being unloaded in Brazil then?

    Why are more of those 75,000 gvt education scholarships coming to the UK rather than Argentina?

    Jun 24th, 2011 - 12:54 pm 0
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