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Lula Highlights Petrobras's Deep Drilling

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Lula Highlights Petrobras's Deep Drilling
Photo: poder360.com.br

Key Points

  • Lula highlighted Petrobras's deep drilling
  • Petrobras reached a depth of 6 km
  • Lula argued for discovering Brazil's oil reserves

By the Numbers

6 km2.5 billion R$

Brazilian President Luiz Inácio Lula da Silva highlighted Petrobras's deep drilling. Lula opposed the possibility of a 'Korean' coming out of a well. Lula stated that Petrobras has reached a depth of 6 km and needs to go even deeper. He also argued that discovering Brazil's oil reserves is part of the country's development strategy. Lula also stated that Brazil needs to reduce its dependence on fossil fuels and use oil revenues for renewable energy sources.

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Frequently Asked Questions

Why did Lula highlight Petrobras's deep drilling?
Lula opposed the possibility of a 'Korean' coming out of a well.
How deep did Petrobras drill?
Petrobras reached a depth of 6 km.
What did Lula say about Brazil's energy policy?
Lula stated that Brazil needs to reduce its dependence on fossil fuels and use oil revenues for renewable energy sources.

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