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PBR » Topics » Costs

This excerpt taken from the PBR 6-K filed Aug 15, 2007.

Costs

Indicators  Realized 2006  Target 2012 
Lifting costs – Brazil (*)(US$/boe) 6.59  6.13 
Operating costs of refining - Brazil (US$/bbl) 2.29  3.69 
Lifting costs – International (*)(US$/boe) 3.36  3.52 
Operating costs of refining - Internacional (US$/bbl) 1.73  2.24 
(*) without government take 

 

www.petrobras.com.br/ri/english
Contacts: PETRÓLEO BRASILEIRO S. A. – PETROBRAS
Investor Relations Department I Raul Adalberto de Campos - Gerente Executivo I E-mail: petroinvest@petrobras.com.br
Av. República do Chile, 65 – 22nd floor - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947

This document may contain forecasts that merely reflect the expectations of the Company’s management. Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forecasts. These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.


In its Business Plan 2008-2012, the Company is to maintain a policy of price alignment with the international market. Petrobras forecasts own cash flow generation in the period at US$ 104.4 billion (net of dividends), sufficient to cover 93% of the Investment Plan. Funding raised in the financial markets will be US$ 19.4 billion and debt amortization is calculated at US$ 11.4 billion.

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