The state-led Brazilian company reported oil and condensate reserves of 11.03 billion boe with the rest gas. Oil reserves in Brazil summed to 10.66 billion barrels and abroad 374 million barrels.

Petrobras booked 1.218 billion boe of new reserves from 2012 to 2013 through declarations of commerciality and new discoveries at existing fields.

It sold assets representing reserves of 118 million boe and produced 861 million boe.

Petrobras