16 de septiembre de 2014 / 20:45 / hace 3 años

Brazil's Libra oil field will cost $80 bln to develop -Total

1 MIN. DE LECTURA

RIO DE JANEIRO, Sept 16 (Reuters) - Brazil's biggest oil field Libra, located off the coast of Rio de Janeiro, will cost $80 billion to develop, an executive at consortium member Total said on Tuesday.

Libra, in the Santos Basin, contains an estimated 8 billion to 12 billion barrels of oil.

"(Libra) will give us a return on our investment for many decades," Ladislas Paszkiewicz, Total's vice president for exploration and production in the Americas, said at a conference in Rio de Janeiro.

Paszkiewicz did not offer any further details on the financial plans for the project.

The Libra consortium is led by state-run oil firm Petroleo Brasileiro SA, or Petrobras, with a 40 percent stake. Total and Royal Dutch Shell Plc both have 20 percent while China's National Petroleum Corp and CNOOC have 10 percent each. (Reporting by Marta Nogueira; writing by Stephen Eisenhammer; editing by Matthew Lewis)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below