Brazil Oil & Gas Report Q2 2013 - New Report Available
BMI View: We remain firmly bullish on the long-term outlook for the Brazilian energy sector, with production from the country's pre-salt reserves pushing production to new highs. The 11th Licensing Round, to be held later in 2013, also presents strong upside risks, although at this point, any new production from these new blocks may fall outside the scope of our 10-year forecast period to 2022. The short-term outlook is more mixed, however, as ongoing regulatory challenges provide reason for some...
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