Brazil’s Petrobras plans to increase the amount of oil it exports by more than a third in the coming years, the state-run company said in a statement on Friday In the statement, which accompanied the inauguration of a crude storage facility in China, Anelise Lara, the company’s head of refining and gas, said Petrobras plans to increase oil exports from 600,000 barrels per day (bpd) on average in the first half of 2019 to more than 800,000 bpd. “The development of new markets for pre-salt oil is essential for Petrobras, given increasing exports will likely lead to volumes above 800,000 barrels per day in the coming years,” Lara said, without giving a more precise timeline. “It’s a big challenge, which makes it necessary for […]