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Brazil mineral energy secretary has said the package, Brazil nearly time found new natural gas reserves, can ensure that the country's five years later to self-sufficiency. This can not only help Brazil to reduce dependence on natural gas supply Bolivia, also is expected to lead the Brazil natural gas industry into a new era.
As a developing country, Brazil still have millions of poor people, but the overall energy consumption Brazilian is increasing dramatically, and the rapid development of the natural gas supply and demand is expected to fill the gap.
Early before IEA predicted a natural gas will have the 'golden age', the package to said: 'the Brazilian is ready to usher in a golden age of their own. In recent years the natural gas industry developing fast, Brazil won't be falling down. '
The bag's confidence comes from Brazil recently discovered in succession of several natural gas reserves. According to the national bureau of statistics data of Brazil, Brazil current gas daily output for 2.6 billion cubic feet, the benefit of these newly discovered gas field, Brazil's natural gas daily output to 2027 is expected to increase to big 10.6 billion cubic feet. And now Brazil natural gas field mainly concentrated in the south Atlantic, part of the natural gas supply rely on imports. Bolivia is Brazil major natural gas supplier, imports accounted for one third of the total Brazil natural gas imports.
In addition to increase local gas development dynamics, Brazil still doesn't forget to invest overseas. At the end of April, Brazil's three major companies say they will increase investment to exploration of Peru natural gas resources. Brazil's state oil company (consortium said the company plans this year in Peru investment of 130 million to 150 million dollars. Petrobras nowadays is exploration of Peru 57 bloc and 58 bloc. Petrobras said the company is expected to two of the oil in Peru in 8 trillion to block will find 10 trillion cubic feet of natural gas reserves.
In addition, Petrobras will also joint Brazil famous construction company Odebrecht and chemical enterprise Barata common investment $5 billion to build a natural gas pipeline, will be the natural gas to Brazil in Peru. In addition Barata also plans to build new chemical plant in Peru, to meet the future growth of the natural gas production bring refining demand.