Petrobras Aims to Maintain Export Momentum

摘要

Brazilian state oil and gas producer Petrobras plans to maintain its higher level of oil exports over the next five years, extending a strategy that kept sales higher during the Covid-19 pandemic via strong demand from independent Chinese refiners. The company is targeting crude exports of 891,000 barrels per day in its 2021-25 strategic plan, up from an average of 445,000 b/d in the 2015-19 period, according to its investor day presentation (OD Nov.30’20).