Bullish on Brazil

摘要

In this exclusive interview for Offshore magazine, Brazil's President Luiz Inacio Lula da Silva exudes optimism when talking about the significance of the new rules proposed for the development of potentially vast oilfields buried beneath a thick layer of salt off the coast of Brazil.rnNotwithstanding the global economic downturn, the string of discoveries of pre-salt fields has generated excitement among Brazilians who are caught up by something similar to a feverish black gold rush fueled by massive and constant media coverage about the potential staggering reserves of light oil and the huge amount of cash the pre-salt may yield.