Brazil faces pre-salt growing pains

Brazil theoretically needs around 150 MMcm/d of extra pipeline capacity over the next 12 years to keep pace with pre-salt output growth Brazil theoretically needs around 150 MMcm/d of extra pipeline capacity over the next 12 years to keep pace with pre-salt output growth.
By The Wildcat 29 September 2017 0 27779
platfor in the Roncador field A platform off the Brazilian coast. (Petrobras)

It is auction season in Brazil, with Wednesday’s 14th bid round acting as a warm-up for the main event: the second and third pre-salt rounds on 27 October. But there are two big reasons to be sceptical about pre-salt gas.     

The pre-salt fields are now a mainstay of Brazilian gas production, with around 46% of its output coming from the sector in H1 2017. Incremental gas production from acreage up for grabs in October – such as a newly unitised area in...

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