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Petrobras: "Still willing to participate in Mariscal Sucre project"



Petroleumworld
Porlamar, Venezuela
Petroleumworld.com 04 17 07

Brazilian oil company Petrobras is still interested in participating in PDVSA's Mariscal Sucre natural gas project, Marco Aurelio Garcia, international affairs adviser for President Luiz Inacio Lula da Silva said Monday.

" Of course (we are willing to participate). There has been some slight delay in the talks but not because of Petrobras," Garcia, told reporters in the side lines of the South America energy summit in Margarita Island.

PDVSA is still talks with Petrobras hammering out the project development agreement.

Venezuela's oil company turned to Petrobras for its the experience on offshore deep drilling.


The talks started in 2005, when Venezuela did not agree with Shell and Mitsubishi in the stake of each company in project

Garcia said that both parties continue to look into the project.

" There is no interruption in the relations between Petrobras and PDVSA," he said. "On the contrary, we've deepened our relations."

PDVSA wants to use the natural gas reserves in Mariscal Sucre to supply the planned 8.000 Km gas pipeline that will take the gas to Brazil and Argentina.

Petroleumworld 16 04 07

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