For minister, Brazil will be 5th oil producer

During a business meeting promoted by the Federation of Industries of the State of Minas Gerais (Fiemg), The Minister of Mines and Energy, Bento Albuquerque, said that Brazil will reach positions of fifth largest producer and fourth largest oil exporter in the world. 

At the meeting, Albuquerque also assessed that the country, despite the projection of a significant increase in its oil production in the coming years, should continue to interact with the world's major producers without entering the Organization of Petroleum Exporting Countries (OPEC) for the time being. 

"It is not a matter of membership or non-membership. It's a matter of cooperation, it's a matter of being present," Albuquerque said. The statement was given in response to the provocation made by the president of the federation, Flávio Roscoe. 

Bento also said that he has participated in OPEC meetings with energy ministers from the group of the twenty richest countries (G20). "In these meetings, Brazil has been recognized as a country that has overcome the difficulties and has been very successful in the actions that are being implemented in the sector," said the minister, who ruled out intending to enter Opec.


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