EFTA Document EFTA01367329

31 May 2015 Integrated Oil US Integrated Oils Where is the growth coming from? While volume growth is coming from a variety of sources, the single largest drivers outside of the US onshore are clearly Brazil and Canada. Brazil, after years of delays and disappointment, is set to contribute -155 Mb/d per year from 2014-2020. And while the combination of lower oil price and political scandal has certainly elevated the risk profile, particularly in the out years, near-term schedules remain