Information about Brazil’s economic sectors
Brazil’s oil production in May totalled 2.765 million barrels per day, up 1.3 % on an annual comparison, but down 6.5 % from April due to the impact of the coronavirus on the sector, the ANP said. The agency noted that 34 oil and gas fields were temporarily shut down during May due to the effects of Covid-19, 16 of which were maritime and 18 terrestrials.
The number of wildfire outbreaks in Brazil’s Amazon rainforest increased 20% in June and reached its highest level in 13 years, government data showed, and researchers fear that the fact signals a repeat of last year’s forest fire increase. In June, the INPE detected 2,248 outbreaks of fire in the Amazon forest, compared to 1,880 in June 2019.
With restrictive measures adopted in several states to combat the pandemic, electricity consumption in May reached 36,051 GWh in Brazil. A decrease of 11% compared to the same period last year, reports the Energy Research Company (EPE). According to the analysis, the commercial and industrial segments presented falls of 25.1% and 13.7% respectively.
Brazil’s iron ore exports totalled 30.05 million tons in June, an increase of about 1.3% over the same period last year, reported the Foreign Trade Secretariat (Secex). Shipments of the mineral were also up 40% compared to last month, when they totalled 21.5 million tons, a drop of almost 30% compared to May 2019.
The cogeneration of energy in commercial operation in Brazil already has 634 plants, representing 18.8 GW of installed capacity which is 10% more than the national electric matrix, reports the Cogen survey. Of this total, 62% comes from the combustion of sugarcane biomass, 17% from units powered by natural gas and 15% from black liquor, a sub-product of the chemical treatment process of the paper and cellulose industry.
According to the National Association of Cereal Exporters (Anec) soy exports from Brazil in 2020 could reach 78 million tons, which could represent a growth of 7.6% compared to 2019, in a strong demand from China and a record of Brazilian crop. The association also reported shipments of 11.9 million tons in June, which would be an increase of 36.8% compared to June 2019.
BNDES announced the approval of a financing in the amount of R$208 million ($39 mm) for the implementation of the Ventos de Santa Martina 14 wind farm in Rio Grande do Norte. According to the institution, the financial support stimulates the diversification of the Brazilian energy matrix through a clean and renewable source. The complex that spans three municipalities in the state will have a total installed capacity of 504 megawatts (MW).
Renewable energy certificates (RECs) are expected to reach five million emissions by the end of the year. There are currently 110 plants able to generate certificates. In May of this year, 1.5 million RECs have been issued.
Deforestation in the Brazilian Amazon and the adjacent biome, the Cerrado, may be harming regional corn yields, according to a new study released. The researchers linked deforestation to a 5-10% reduction in corn yields in most of Mato Grosso, the Brazilian state that produces the majority of grains.
Petrobras informed, in a statement to the market, that the P-74 to P-77 platforms of “Campo de Búzios” reached record production, on June 27, of 664 thousand barrels of oil per day and 822 thousand barrels of oil equivalent per day. The Búzios Field is in the Santos Basin pre-salt.
