Perspectivas da Indústria de Petróleo Brasileira: Um Novo Ciclo que se Inicia

Jorge M. T. Camargo

V Congresso de Direito Marítimo, Aduaneiro e Portuário Rio, 2 de setembro 2016

Fonte: IHS.

World class reserves to develop.

Between 2005-2010 more than 50% of the world’sdiscoveries were in deep waters. Brazil accounted for 63% of these findings in the period.

Potential Investment OpportunitiesDEVELOPMENT OF OFFSHORE BRAZILIAN DISCOVERIES: PRESALT

Presalt oilThe world's largest oil discoveries in recent years are in Brazil's offshore,

presalt basins.(US EIA, DOE)

Other discoveries

49%Brazil Deep Water

32%

Rest of the word

Deep Water19%

Source: Elaborated by IBP with data from Petrobras (PNG 2012-2016)

Total of discoveries: 33.989 millions of barrels

Attractiveness of Brazil

World: $ 734bn → $ 545bn

Brazil: $ 43bn → $ 25bnParticipation: 5,85% → 4,59%

For its geological potential and proportion of recent discoveries, Brazil could capture between from 7% to 10% of global investments in E&P.

26%

42%

Fonte: IHS

Upstream

Evolution of Local Content Model

Mutiplicity ofOperators

Regulatory and Taxstability

EnvironmentalLicensing

Bid Rounds Calendar Gas Development

1 2 3

4 5 6

Foster the development of the industry:

New projects and orders

Brazil Oil and Gas Sector OUR COUNTRY POTENCIALS TO INDUSTRY DEVELOPMENT

Presalt reserves has a great geological features and large sedimentary basins, estimated 56 billion boe reserves.

According to IEA projections, Brazil can reach the mark of 5,4 million barrels/day in 2040.

Brazil has the 4th largest global demand for oil transport. Is the largest market in South America fuels.

Downstream Infrastructure

• 18 Refineries

• Oil pipelines system 1 7.500 km oil pipelines 10 million m³ of capacity 21 inland terminals 28 waterway terminals

• Tankage 2

Nominal capacity: 8,103,295.234 m3

• Retail 2

40,894 Liquid fuels retailers 61,431 LPG retailers 240 Aviation fuel retailers

1 Source: Transpetro 20162 Source ANP 2016

Gas Infrastructure

Other companies

Pathways to a Competitive Oil Industry

The greatest Oil & Gas event in LatinAmerica

October 24 - 27, 2016Rio de Janeiro - Brasil

Promotion:

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