Brazil oil reserves may be more than 2640 million barrels of Saudi Arabia

August 21, since the Brazilian oil company confirmed Shengduo Si waters in the pre-sal Dolby oilfields contain 80 billion barrels of oil reserves, the controversy over the ownership of oil: so much oil in the end who is the » Brazil is the oil companies, or countries of the people »

According to "Central News Agency" reported that there are answers, the Government of Brazil has been cancelled held a new auction, and set up a committee within 60 days of the decision just discovered the oil and gas exploration rights vested in Who.

Brazil's current oil reserves of 140 billion barrels, but the market speculated the entire pre-sal region's oil reserves, possibly up to 3380 million barrels, or the world's largest oil-producing countries of Saudi Arabia contains more than 2640 billion barrels.

It is precisely because of the alarming figures, the Brazilian government intention to amend the 1997 enactment of the "oil law" will be the exploitation of oil interests to invest in education above. At the same time to recover the oil exploration rights in Brazil, Pakistan oil to avoid manipulation of the oil so much, than the government has become strong.

Brazil to the mine also proposed to set up a similar Brazilian oil company on the 2nd of the new state-owned enterprises, and Brazil, together with oil companies extracting oil has aroused public criticism.

Norbu Ruijia former finance minister of Brazil, Brazil continued exploitation of new oil fields, because the oil companies of Brazil and other cooperative enterprises continued efforts, large sums of money invested in technology research and development results. But Brazilian President Luiz Inacio Lula da Silva did not think so.

Luiz Inacio Lula da Silva said on the 20th, whether or not the establishment of the new company, "Brazil's oil is the assets of all the people, not all oil companies in Brazil." Luiz Inacio Lula da Silva wants to use pre-sal future exploitation of oil in the benefits to the eradication of poverty and invest in education.

Brazil oil in the future uncertain at the same time, Brazil has threatened oil companies shareholders to the court claims the protection of their rights, because the Man Tianfei rumours on the market, making Pakistan the oil company's shares fell across the board, even if it in the second quarter of the turnover of refresh Record profit 5.5 billion U.S. dollars, is the third of American high-profit businesses, still can not stop the devaluation of company stock.

Economatica consultant pointed out that this year, May to August, the Brazilian oil company from the market price of 303.6 billion U.S. dollars fell to 206 billion U.S. dollars, the entire American region is the fastest decline in market value enterprises.