Lula flags up Carioca date
Brazil aims to bring the potentially massive Carioca field on stream in 2010,
President Luiz Inacio Lula da Silva said today, adding that the country
wants to join Opec.
In an interview with German weekly magazine Der
Spiegel, published today, Lula confirmed that the deep-water Carioca
field holds "immense" oil reserves.
"We have the know-how needed to exploit them," the magazine quoted
him as saying.
"We want to begin test drilling in March and start pumping oil from
2010," he added. "Brazil will then become a large oil exporter. We
want to join Opec and try to make oil cheaper."
Haroldo Lima, the head of Brazil's National Petroleum Agency last month
cited data from state-run oil company Petrobras which showed the Carioca
field reserves at 33 billion barrels of oil equivalent. Petrobras has not
confirmed the figure, saying further appraisal work is needed before it will
release reserves figures for the discovery.
09 May 2008 10:31 GMT
| last updated:
09 May 2008 17:28 GMT
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