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News 26

Rio de Janeiro state eyes possible oil rush

Vast offshore deposits could fuel further growth of Brazil's petro-zone

The state of Rio de Janeiro is noted for its natural beauty andnatural resources, which now include discoveries of so-called pre-salt energy that could be profoundly important to the region'spetrochemical industry.

The term pre-salt is associated with fuel resources below a 2,000-meter layer of salt, which is itself below another 2,000 meters ofrock in waters 2,000 to 3,000 meters deep in the 
Atlantic Ocean.

Drilling through the rock and salt to extract underlying oil and gascan be very expensive, though the rewards for both 
investors andthe economy can be very high.

To read the full article, please click here

Source - http://europe.chinadaily.com.cn/

 

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