Brazil’s expected oil output surge this decade will make it the world’s fifth-largest crude exporter in 2030, Brazilian Mines and Energy Minister Bento Albuquerque said in an interview with The Rio Times on Thursday. “In 2030, when we reach a production of 5.3 million barrels of oil per day, Brazil will become the fifth largest exporter in the world,” Albuquerque said, adding that Brazil’s crude and liquids production is set to jump from 3.
3 million barrels per day (bpd) now. Currently, Brazil is out of the top ten…Brazil Plans To Be 5th-Largest Crude Exporter By 2030
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