Arab Today, arab today petrobras aims to triple oil output
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Petrobras aims to triple oil output

Arab Today, arab today

Arab Today, arab today Petrobras aims to triple oil output

Rio de Janeiro - AFP

Brazil\'s state-run energy giant Petrobas has said it aims to triple oil production from its huge deep-water fields by 2017. By that date, the company plans to extract 962,500 barrels a day, more than three times the current 300,000, according to the management. Excluding natural gas, crude oil output in 2017 would be 2.75 mpd, up from 1.98 million in 2012.

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