Oil found in Brazil
NZPA-Reuter Sao Paulo Brazil, after decades of prospecting, has made its first big oil find in Amazonia. President Jose Sarney said the oil, already being pumped from a test well at a rate of 950 barrels a day, was of excellent quality. . Oil prospecting started in Brazil’s vast Amazonian forests in the 19505, but until now Brazil was the only Amazonian country not to have discovered oil in its dense jungle region. Most of Brazil’s domestic oil comes from the offshore Campos basin. The country produces 600,000 barrels a day but uses 1.1 million.
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Press, 17 October 1986, Page 6
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98Oil found in Brazil Press, 17 October 1986, Page 6
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