According to Dow Jones Sao Paulo, Brazil’s oil production declined in January compared with last month as two production platforms were shut down for maintenance reasons.
Brazil’s National Petroleum Administration (ANP) said Thursday that daily oil production fell by 2.2% to 2.6 million barrels in January and natural gas production dropped by 0.4% to 113 million cubic meters. According to ANP, oil production increased by 0.6% compared with January 2018, and natural gas production increased by 0.7% over the same period.
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According to ANP, the offshore production platforms of P-74 and FPSO Cidade So Paulo in Buzios and Sapiinhoa oilfields closed for maintenance in January this year.
In January this year, Brazil’s daily production of the subsalt oil field dropped 2.7% from December last year to 1.8 million barrels.
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