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| OPERATIONAL SUMMARY | 2007 | 2008 |
|---|---|---|
|
||
| Proven reserves in brazil and abroad – spe criteria (billions of barrels of oil equivalent – boe) - (1) (2) | 15,0 | 15.1 |
| Oil and condensate (billion barrels) | 12,4 | 12,5 |
| Natural gas (billion boe) | 2,6 | 2,6 |
| Average daily production in brazil and abroad (thousand boe) | 2.300 | 2.400 |
| In Brazil | ||
| Oil and NGL (thousands of barrels per day - bpd) | 1.792 | 1.855 |
| Natural gas (thousand boed) | 273 | 321 |
| Abroad | ||
| Oil and NGL (thousands of barrels per day - bpd) | 126 | 124 |
| Natural gas (thousand boed) | 109 | 100 |
| Producing wells (oil and natural gas) - as at december 31st (1) | 14.194 | 13.174 |
| Drilling rigs - as at december 31st | 70 | 109 |
| Platforms in production - as at december 31st | 109 | 112 |
| Pipelines (km) - as at december 31st | 23.142 | 25.197 |
| Shipping fleet - as at december 31st | 154 | 189 |
| Company operated | 55 | 54 |
| Operated by third parties | 99 | 135 |
| Terminals - as at december 31st (3) | 46 | 46 |
| Refineries in brazil and abroad - as at december 31st (1) (5) | 15 | 15 |
| Nominal installed capacity (thousand bpd) | 2.167 | 2.223 |
| Average production of oil products (thousand bpd) | 2.046 | 1.970 |
| In Brazil | 1.795 | 1.787 |
| Abroad | 251 | 183 |
| Imports (thousand bpd) | 538 | 570 |
| Oil | 390 | 373 |
| Oil products | 148 | 197 |
| Exports (thousand bpd) | 615 | 673 |
| Oil | 353 | 439 |
| Oil products | 262 | 234 |
| Commercialization of oil products (thousand bpd) | ||
| Brazil | 1.725 | 1.748 |
| International sales (thousand bpd) | ||
| Oil, gas and oil products | 586 | 552 |
| Natural gas supplies (million m3 per day) (4) | 49 | 58 |
| Domestic gas | 23 | 29 |
| Bolivian gas | 5 | 14 |
| Natural gas market distribution (million m3 per day) (4) | 49 | 58 |
| Distributors | 36 | 37 |
| Thermoelectric plants | 5 | 14 |
| Internal consumption | 7 | 7 |
| Electricity (1) | ||
| Number of thermoelectric plants (5) (6) | 16 | 18 |
| Installed capacity (MW) (5) (6) | 5.393 | 6.103 |
| Fertilizers (1) | ||
| Production units | 3 | 3 |
| Financial summary (r$ million ) | 2007 | 2008 |
|---|---|---|
| Gross operating revenue | 218.254 | 266.494 |
| Net operating revenue | 170.578 | 215.118 |
| Operating income | 40.026 | 45.950 |
| Earnings/share (R$) | 2,45 | 3,76 |
| Net income | 21.512 | 32.988 |
| EBITDA | 50.156 | 57.170 |
| Net debt | 26.670 | 48.824 |
| Investment | 45.285 | 53.349 |
| Gross margin | 39% | 34% |
| Operational margin | 23% | 21% |
| Net margin | 13% | 15% |