Petrobras (PBR)

Investments (US$ billion)

Included in the above investments are US$ 18.2 billion to be applied by different areas in the Brazilian natural gas chain with the objective of developing, leading and guaranteeing the reliable supply of natural gas to the Brazilian market. Petrobras’ partners in the sector are expected to invest an additional US$ 1.0 billion over the same period.

The revision of the plan adopts a realistic stance, incorporating increases in international oil prices. These increases have generated impacts along the entire production chain, principally with respect to the costs of services, maintenance, equipment and specialized operations for the petroleum sector with across-the-board consequences on lifting and refining costs for all companies in the industry. The growth in the world economy has also had a direct repercussion on several industrial segments that make up the industry’s inputs and basic raw materials supply chain.

Investments (US$ billion)

The above investment figures include US$ 17.6 billion to be used by different segments in the whole natural gas production chain in Brazil, with a view towards developing, leading, and assuring a reliable source of natural gas for the brazilian market. Investments by Petrobras’ partners should reach another US$4.5 billion in the same period.

The company is maintaining its product pricing policy of alignment to international prices. As a result, expected cash generation should reach US$ 86,7 bilhões in the period (net of dividends), what should be sufficient to finance almost the entire Investment Plan. New capital market borrowing is projected to reach US$ 12.6 bilhões and projected debt amortization to equal US$ 12.2 billion.

Investments (US$ billion)

The above investment figures include US$ 17.6 billion to be used by different segments in the whole natural gas production chain in Brazil, with a view towards developing, leading, and assuring a reliable source of natural gas for the brazilian market. Investments by Petrobras’ partners should reach another US$4.5 billion in the same period.

The company is maintaining its product pricing policy of alignment to international prices. As a result, expected cash generation should reach US$ 86,7 bilhões in the period (net of dividends), what should be sufficient to finance almost the entire Investment Plan. New capital market borrowing is projected to reach US$ 12.6 bilhões and projected debt amortization to equal US$ 12.2 billion.