RIO DE JANEIRO, July 29 (Reuters) - Brazilian state-run
oil firm Petrobras produced 2.32 million barrels of
oil per day in Brazil during the second quarter, it reported on
Tuesday, marking a 7.6% rise over the same period last year, as
new production vessels increased output.
In the second quarter, four floating production vessels
increased output, one reached peak production and another
started operations ahead of schedule, boosting output for the
period, the firm said.
Petrobras' total oil, gas and gas liquids production
reached 2.91 million barrels of oil equivalent per day (boed) in
the second quarter, up 7.8% from a year earlier, and sales of
oil, gas and derivatives reached 2.98 million boed, a 1.6%
increase.
Petrobras' exports of oil and derivatives rose 2.7% to
some 874,000 barrels per day, the firm said. During the period,
China was the main destination for the company's oil, receiving
54% of the total, four percentage points above the same period
last year.
The United States received around 8% of oil exports, up
from 5% in the second quarter of 2024.
Earlier this month Petrobras Chief Executive Magda
Chambriard
told Reuters
that the firm may redirect the oil it sells to the U.S.,
sending more to Asia and Pacific markets if higher tariffs the
U.S. announced for the South American country come into effect.