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Petrobras eyes partners in Tanzania oil, gas venture

Wed Oct 8, 2008 9:58am EDT

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CAPE TOWN, Oct 8 (Reuters) - Brazilian oil and gas firm Petrobras (PETR4.SA) (PBR.N) said on Wednesday it was looking for partners to join its oil and gas exploration projects in Tanzania.

"We will be opening opportunities to receive partners in these (Tanzanian) blocks," Carlos Rodrigues, senior adviser for business development at Petrobras, said at the Africa Upstream 2008 oil conference in Cape Town.

Petrobras produces more than 2 million barrels of oil equivalent per day and is a major distributor of oil products, particularly in South America. The company also owns oil refineries and oil tankers. (Reporting by Paul Simao)



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