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Oil Export – Petrobras Seeks Market Diversification and India Becomes a Possibility

Written by Roberta Souza
Published on 21/02/2020 at 11:57
petrobras, bacia de campos,
petrobras, petróleo, exportação
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In Search Of New Consumer Markets To Export Its Oil, Petrobras Is Looking For New Destinations And India Is On The Radar

One thing leads to another! While oil exports to China are falling due to the coronavirus, Petrobras is seeking new consumer markets. According to Petrobras’ Refining and Natural Gas Director, Anelise Lara, India is a possibility and is on the company’s radar.

According to Anelise, the oil explored by the company in the pre-salt layer has good acceptance in the international market due to the low sulfur content in the commodity: “Brazilian oil is very well accepted in the United States and Europe. We are looking for new markets, such as India. We have contact with oil companies in India that are interested in this low-sulfur oil.”

Furthermore, the director stated that oil exports to China will still continue, considering its strategic customer position for the company: “Exports to China will remain strong. There may be reductions in specific demands. China reduced imports by 3 million barrels per day due to the coronavirus crisis.”

According to Petrobras’ President, Roberto Castello Branco, “What is expected is that this shock will last one quarter. And that it will ease as, naturally, as seen in these crises, the number of cases decreases until it significantly reduces,” he projected. “During this quarter, China and the global economy are suffering. In the next quarter, there will be a readjustment, and in the third quarter, there will be a recovery compared to previous levels.”

The company’s president also stated that China will always be an important market for Petrobras and that there has been no reduction in the volume of oil exported: “January was a record month for exports, and in February there was no significant change,” he concluded.

Roberta Souza

Autora no portal Click Petróleo e Gás desde 2019, responsável pela publicação de mais de 8.000 matérias que somam milhões de acessos, unindo técnica, clareza e engajamento para informar e conectar leitores. Engenheira de Petróleo e pós-graduada em Comissionamento de Unidades Industriais, também trago experiência prática e vivência no setor do agronegócio, o que amplia minha visão e versatilidade na produção de conteúdo especializado. Desenvolvo pautas, divulgo oportunidades de emprego e crio materiais publicitários direcionados para o público do setor. Para sugestões de pauta, divulgação de vagas ou propostas de publicidade, entre em contato pelo e-mail: santizatagpc@gmail.com. Não recebemos currículos

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