Brazil's Energy Sector Overview and Opportunities
A friendly political climate, regulatory improvements, technological bottlenecks that need solutions, and strong trade and investment support programs make Brazil's energy sector a source of many business opportunities for U.S. suppliers.
Learn about Brazil's Energy Sector, its opportunities, reasons to consider doing business in the country, and the U.S. Government resources available to support your company in the market.
- Brazil is the largest oil producer in South America, the ninth largest global oil producer, seventh largest oil consumer.
- Brazil has the largest recoverable ultra-deep (pre-salt) oil reserves in the world. Brazil’s oil production is predominantly offshore (94 percent).
- Significant energy reforms, frequent oil finds, along with recent and future oil bidding rounds have been attracting international oil companies.
- Brazil is the largest electricity market in Latin America. The country generates and distributes more electricity than all the power produced in South America.