With pandemic, oil production falls 6.5% in May

According to the report released on Thursday (2), by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), oil production in Brazil decreased 6.5% in May 2020, compared to April. In comparison with May 2019, it increased by 1.3%. Natural gas production fell 7.8% in the monthly comparison and decreased 3% compared to the previous year.  

According to the agency, the main reasons for the drop in production were the shutdown of platform ships (FPSOs) Mangaratiba and Cidade de Angra dos Reis and the restriction on the production of platforms P-67, P-74 and P-76.

In May, the pre-salt fields accounted for 67.8% of the national production, with 2,363 MMboe/d. The use of natural gas was 97.6%, with the availability to the market of 48.7 MMm³/day and burning of 2.782 MMm³/d. The maritime fields accounted for 96.5% of the oil produced in the month and 86% of the natural gas.

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