Oil production in the country increases by 4.2% in 2017

domestic production increased for the fourth consecutive year, reaching 2.6 million tonnes. barrels per day in 2017, an increase of 4.2% compared to the previous year. The information comes from the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which published today (29) consolidated data of the sector, relating to at last year.

According to the report, Oil production was dominated by the increase in production in pre-salt fields, which averaged 1.3 million barrels a day in the year, about 50% of the national production.

natural gas in 2017 was 109.910 million cubic meters, an increase of 5.9% over 2016. Once again, there was a significant participation of pre-salt fields, which accounted for Last year 45.3% of all

Due to the increase in domestic production, the country has reduced its need to import oil last year from 16.4 %. They imported, on average, 149.2 thousand barrels a day. On the other hand, exports reached the highest value of the historical series: 996.6 thousand barrels per day, an annual increase of 24.8%.

Refining

Despite the increase in oil and natural gas production, the country closed the year with a decline in the performance of its refining fleet. Data from the ANP's annual report indicate that oil refinery production decreased by 3.7% over 2016, reaching 1.9 million barrels per day, equivalent to 76.2% of the installed capacity of the national park

As a result, the volume of imports of by-products increased by 26.1% to meet domestic demand, which was 615.7 thousand barrels per day. In addition to rising international prices, due to rising oil prices in the overseas market, expenditure related to the import of derivative products, the main diesel, increased by 57.5%.

1.3% of sales of derivative products by distributors, after two consecutive years of decline. Highlights were sales of Type C gasoline and fuel oil, respectively, up 2.6% and 1.6%.

In the biofuels sector, ethanol production remained virtually stable and biodiesel production was 12.9% higher than in the previous year, mainly due to the high level of biofuel production. increase of the mixture content in 8% gas oil.

Resumption of the towers

The ANP pointed out the fact that 2017 This year was marked by the resumption of calls for tenders for the areas of exploration and production of oil and gas natural gas. The 14th cycle was carried out in the concession model, with a subscription premium of more than R $ 3.8 billion; the second and third rounds of sharing, which together raised R $ 6.2 billion, in addition to the fourth call for tenders for marginal accumulation areas

The amount generated by the government participation reached R $ 30.5 billion in 2017, including R $ 15.3 billion in royalties and R $ 15.2 billion in special participation, up 29.4% and 156.2% respectively

. expensive concession, sharing and disposal contracts related to research, development and innovation investments amounted to R $ 1.3 billion in 2017, an increase of 49.1% over the year before