Petrobras chief: Libra to enter production in 2020

Libra field: Development to unfold over next decade, says Petrobras chief executive Maria das Gracas Foster (centre)

Brazil's biggest oil discovery, the offshore Libra area, will not enter production until 2020 and peak output will come at least four years later, the head of state-run oil company Petrobras said on Thursday according to reports.

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