EIA eyes Brazil for non-Opec supply growth


Brazil will have numerous new production units coming online over the next two years, and three new large  projects could add another 100,000 b/d, says the EIA in its 'Short-term energy outlook supplement: Outlook for non-Opec supply in 2010-2011'.

According to the EIA, Brazil produced 2.6 million b/d in 2009 and ranks sixth in the league table for the largest producers that constitute three-quarters of non-Opec supply. With this predicted growth, Brazil would reach just over 3 million b/d by 20

To continue reading...