Related Articles
Forward article link
Share PDF with colleagues

Expansion of Brazil's ports key to oil industry growth

At the mouth of Rio de Janeiro's iconic Guanabara Bay, a queue of ships waiting to berth at the city's main port shows the strain rapid economic growth in recent years has putting on Brazil's infrastructure

The port, one of Brazil's busiest, is vital to keeping this bustling city running. It is also an important staging ground for companies developing offshore oil and gas projects in the nearby Campos and Santos basins.For the oil and gas industry, clogged ports here and elsewhere threaten to slow development activity, adding another potential bottleneck to operations as companies try to develop billions of barrels oil discovered offshore Brazil.  The government has promised to support the expansion and modernisation of Brazil's port infrastructure. In December last year, president Dilma Rousseff launched the Logistics Programme for Ports, a major investment and reform plan for the port sector.

Also in this section
Nigeria's Buhari question
23 May 2017
His 2015 election brought hope for Nigeria's struggling oil-dominated economy. Is the president now part of the problem?
Iraq: Time to quit smoking
17 May 2017
The elimination of pollution from gas flaring in southern Iraq is becoming an election issue
Venezuela courting disaster
17 May 2017
A Supreme Court ruling has given the president broad authority to strike oil deals. Will there be any takers?