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Brazil delays estimate for first oil cargo from Libra to Q1 2018
October 25, 2017 / 3:13 PM / a month ago

Brazil delays estimate for first oil cargo from Libra to Q1 2018

RIO DE JANEIRO, Oct 25 (Reuters) - Brazil on Wednesday pushed back its forecast for a first oil shipment from its promising offshore Libra prospect to the first quarter of next year, months after its previously projected October 2017 estimate made in May.

Hercules Tadeu F. da Silva, contract management director at Brazil’s state-run Pre-Sal Petroleo SA, a company created to help guide development of Libra, declined to explain the cause of the delay. (Reporting by Simon Webb)

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