Petrobras reveals impact of workers’ strike on oil production
Brazilian oil giant Petrobras has revealed the extent and impact on oil production the oil workers’ strike that started on November 1, has had on its production.
Petrobras said that during the strike 2.29 million barrels of oil was not produced and 48.4 million cubic meters of natural gas was not taken.
According to the Brazil’s state-controlled oil company, production is now returning to normal levels, and most of the unions have approved calling off the strike.
Despite the impact on volumes, Petrobras has confirmed it remains on target to reach the 2015 production target of 2.125 million bpd of oil in Brazil. The supply of oil products has not been affected.