Brazil is expected to increase oil production this year by around 300,000 barrels a day, which will lead to a 10% increase in national production, Mines and Energy Minister Bento Albuquerque said on Wednesday at the opening of the International Energy Agency (IEA) ministerial meeting in Paris.
According to Mr. Albuquerque, the increase in crude oil production will be Brazil’s contribution to the “stabilization of global energy markets,” directly affected by the effects of the Russian invasion of Ukraine.
Inglês