Page 13 - LatAmOil Week 02 2023

LatAmOil BRAZIL LatAmOil

It quoted Claudio Castro, the governor of Rio protective measures required, as a standard
de Janeiro State, as saying in a post on Twitter procedure,” it said.
that he had sent members of the state and city For his part, new Brazilian Minister of Mines
police forces at the 240,000-barrel per day (bpd) and Energy Alexandre Silveira remarked that
Refinaria Duque de Caxias (REDUC) plant. The he did not expect pro-Bolsonaro demonstra-
officers were sent to REDUC on the night of Jan- tions to have any effect on domestic fuel sup-
uary 7 to bolster security levels there, he said. plies. All of the country’s oil-processing plants
Meanwhile, Petrobras said in an official are expected to continue operating normally, he
statement on the night of January 8 that all of said. “Besides monitoring the status of protests
its refineries and infrastructure were operat- [at or near] these structures, we remain alert and
ing normally in the face of heightened security in coordination with other ministries and states
concerns. to ensure the supply” of fuel, he was quoted as
“Petrobras is taking all the preventative saying in a ministry statement. ™

Brazil’s oil and gas production sinks

below 4mn boepd in November 2022

BRAZIL’S hydrocarbon production dropped of Brazil’s offshore zone.
to 3.978mn barrels of oil equivalent per day The national hydrocarbon regulatory
(boepd) in November 2022, according to data agency’s data further indicated that crude oil
released last week by the National Agency of accounted for more than 77.8% of total produc-
Petroleum, Natural Gas and Biofuels (ANP). tion in November, or 3.095mn barrels per day
This is a decline of 4.6% on the October fig- (bpd), with the remaining volumes consisting of
ure of 4.18mn boepd and is the first time since 140.38mn cubic metres of associated and natu-
last September that monthly output has fallen ral gas. Oil output went up by 4.6% on the pre-
below the 4mn boepd mark. vious month and 8.5% on the year-ago figure,
According to ANP, the drop was largely a it stated, while gas output rose 5.6% month on
result of scheduled and unscheduled production month and 2.8% year on year.
stoppages at three floating production, storage ANP reported that offshore fields had
and off-loading (FPSO) units – the Cidade de accounted for no less than 97.6% of Brazil’s total
Ilha Bela, Cidade de Caraguatatuba and Cidade oil production and 84.7% of all gas in November,
de Mangaratiba vessels, all of which are being with 5,414 onshore wells and 500 offshore wells
used to develop oilfields in the pre-salt section in operation.

Tupi was Brazil’s highest-producing oilfield in November 2022 (Image: Galp)

Week 02 11•January•2023 www. NEWSBASE .com P13