National Petroleum Agency Predicts That By 2025, Oil Production Will Reach 3.6 Million Barrels Per Day

Written by Roberta Souza

Published on 13/01/2021 at 13:57

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The ANP’s Projection Indicates That Oil Production May Increase by 23% and Natural Gas May Experience a 34% Increase

The ANP – National Agency of Petroleum, Natural Gas and Biofuels, made a projection that forecasts oil production to gradually increase in the coming years, reaching 571.5 thousand cubic meters per day – 3.6 million barrels per day and natural gas to reach 173.2 million cubic meters per day.

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The increase in the respective fossil fuels may reach 23% and 34%. This year of 2021, it is expected that oil production will reach 463.96 million cubic meters/day – 2.9 million barrels/day, and natural gas at 12.917 million cubic meters/day.

The forecast is that Petrobras and other major oil companies will produce in the pre-salt area. New platforms may come online, mainly in the Mero and Búzios fields. According to the ANP, from this year until 2023, the country will install eight more.

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National Petroleum Agency Predicts That By 2025, Oil Production Will Reach 3.6 Million Barrels Per Day

The ANP’s Projection Indicates That Oil Production May Increase by 23% and Natural Gas May Experience a 34% Increase

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National Petroleum Agency Predicts That By 2025, Oil Production Will Reach 3.6 Million Barrels Per Day

The ANP’s Projection Indicates That Oil Production May Increase by 23% and Natural Gas May Experience a 34% Increase

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