the Brazilian authorities declared that in the forecasts they proceed first of all from this that in the price of oil quotations participants of the global market now will not face sharp growth. The secretary concerning oil and gas of the Brazilian Ministry of Energy Marsio Felix made the corresponding statement, having pointed to a pessimistic assessment – the cost of oil will be in foreseeable prospect within a corridor from 50 to 60 dollars.
the Brazilian official specified that means in this case not the official forecast of specialists of department, and means the consensus assessment, based on calculations of the experts representing oil and gas corporations of the state.
the Official specified by"We now do not rely on too high oil quotations. We think that it will be marks from 50 to 60 US dollars for "barrel" of crude oil. I want to note that we work at present with the forecast pessimistic" — Marsio Felix emphasized.
also that "Brazil – not OPEC, and therefore will not do such forecasts". This opinion sounded by companies, carrying out the activity in the state territory, was explained by the expert. Market correction in this regard is completely excluded. A number of oil and gas projects can not meet eventually expectations of initiators, the official representative Ministry power industry of Federative Republic of Brazil warned.