ANP director Florival Carvalho said the regulator will disclose either in late 2014 or early 2015 its recommendations for the mature Albacora field.

"We are currently working on the plan for Albacora. We know Petrobras is committed to a lot of investments in the Santos basin pre-salt area, but the company cannot neglect its older fields in the Campos basin," Florival told Upstream in the sidelines of the Rio Oil & Gas conference.

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