EFTA Document EFTA01367360
31 May 2015 Integrated Oil US Integrated Oils Brazil Through 2017, no country has a greater ability to impact the outlook on Non- OPEC production growth than Brazil, which after years of delays, has begun generating meaningful growth from the Pre-Salt. Although we have haircut our outlook significantly, given the upheaval caused by the combination of lower oil price and political/corporate scandal, Brazil still represents nearly 400 Mb/d of production growth by 2017 (vs. 2014). See outlo
Summary
31 May 2015 Integrated Oil US Integrated Oils Brazil Through 2017, no country has a greater ability to impact the outlook on Non- OPEC production growth than Brazil, which after years of delays, has begun generating meaningful growth from the Pre-Salt. Although we have haircut our outlook significantly, given the upheaval caused by the combination of lower oil price and political/corporate scandal, Brazil still represents nearly 400 Mb/d of production growth by 2017 (vs. 2014). See outlo
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