Brazil Energy Opportunities & Sustainability Commitments

Brazil is taking a leading role in the E&P sector 2021 Forecast Production: 8th Crude Oil and Condensate producer (BP Statistical Review 2021) 3M Bpd of oil production (Sep 2021) 86 E&P company groups, ~50% foreign (Oct 2021) 133M M of gas production (Sep 2021) Potential to reach more than 5 million oil bpd in 2030 (EPE) Potential to be the Reserves: 12B Bbl in proved oil reserves (Dec 2020) 337B M in proved gas reserves (Dec 2020) 5th Largest crude oil exporter in 2030 (EPE) anp

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