Brazil oilfield may house ‘100bn barrels’

10 Nov 2008

Brazil’s newly discovered “pre-salt” oilfields may contain more than 100bn barrels, Haroldo Lima, head of the industry regulatory, said on Friday. Mr Lima said just the pre-salt oilfields already under concession may contain between 50bn and 80bn barrels and that the total area could surpass 100bn barrels. Full Story

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