Petrobras plans to invest US$ 84bn mainly in pre-salt areas by 2023

Wednesday, December 26th 2018 - 08:55 UTC

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Petrobras has unveiled plans to invest US$ 84.1bn in deepwater exploration and production projects in Brazil, as well as raise $27bn through asset sales and partnerships by 2023. Around US$ 69bn of the planned investment will be channelled into the development of production in the pre-salt areas. Other key focus areas of investment include refining, transportation, trading, and natural gas and petrochemicals. Read full article

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REF: “invest US$ 84bn mainly in pre-salt areas”:

By 2'023, the demand for the alternative fuels may surpass the demand for the highly polluting fossil fuels and a barrel may cost much lower than US$ 40.
Dec 27th, 2018 - 03:17 pm - Link - Report abuse 0
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