Petrobras exported a record amount of crude oil in January this year, Argus reports, at 19.3 million bpd through the Angra dos Reis terminal. The Brazilian state energy major reported record production of crude oil last year despite the pandemic, thanks to developments in the presalt zone, which holds most of Brazil's untapped oil wealth, and the cost of extraction is low.
At 2.3 million bpd, the record output was in line with Petrobras forecasts for the year, which stood at 2.28 million bpd of hydrocarbon liquids. The surge in production, especially…Brazil's Petrobras Exports Record Amount Of Crude In January
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