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Petrobras expects 1st output oil-stock-swap areas in 2016 -CEO
November 26, 2012 / 4:10 PM / in 5 years

Petrobras expects 1st output oil-stock-swap areas in 2016 -CEO

RIO DE JANEIRO, Nov 26 (Reuters) - Brazil’s state-led oil company Petroleo Brasileiro SA expects its first output from giant offshore areas it purchased from the government in connection with a 2010 stock sale to begin in July 2016, Chief Executive Maria das Graças Foster said on Monday.

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