2012 – 2016 Business Plan
Petrobras announces that its Board of Directors has approved the 2012-2016 Business Plan with investments totaling US$ 236.5bn (R$416.5bn), an average of US$ 47.3bn per year.
The 2012-2016 Business Plan is founded on the integrated management of the projects portfolio of
The company, with emphasis on:
· Recovering the production curve for oil and natural gas;
· Prioritizing oil and natural gas exploration & production projects in Brazil;
· Focusing attention on the perfect alignment between the physical and financial targets of
each project; and
· Developing the company’s business opportunities while maintaining sound financial metrics.