Clipping of news on Brazilian Culture, Law and Citizenship
26/04/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SAO PAULO - During the hearing the Commission of Mines and Energy of the House of Representatives on Wednesday (25), the president of Petrobras, Graça Foster, spoke again in a potential rise in gasoline prices for consumers.
According to published by the Agency Board, Grace said it would be impossible not to pass on increased oil on the international market for Brazilian consumers, if the predictions are confirmed high.
Last week, the president of the state had already said that the level of international oil price is higher than in previous years, however, on occasion, she reported that there is still no date for a possible increase. "There is clearly a change in the price level in 2012. At some point, the expectation is that we hike in fuel price. If you are in a month, two, three or six, I do not know. "
prices
On Wednesday, Graça explained that the average per barrel for 2011 was US$ 111, while for 2012, analysts are predicting a barrel to US$ 130.
About the company's investments, these are estimated at R$ 88 billion, and the success rate of Petrobras in its exploration was 59% last year, when the world average is 38%.
In the pre-salt, the success rate was 94%.
Source: InfoMoney
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This article was translated by an automatic translation system, and was therefore not reviewed by people.