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First Oil Extracted from Bacia de Santos

By Marcela Canavarro, Contributing Reporter

RIO DE JANEIRO - The national oil company Petrobras started to extract oil from new reserves discovered in 2006 in Bacia de Santos. A new platform was inaugurated on May 1st, an iconic date to represent the first step on a long path to produce thousands of new oil barrels a day. It might put Brazil among the selected countries that export oil.

The production is yet for non-commercial purposes and counts with foreign partners Galp, from Portugal, and British Gas, from United Kingdom. Tests will be running for 15 months to figure out technical . . .

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