Petrobras oil production expected to return to normal by Tuesday

Oil production by Brazil’s oil and gas giant Petrobras is expected to return to normal by Tuesday, despite the strike by workers from the Campos basin platforms, the company announced Monday.

The fall in oil production reached 16 percent on Monday morning, and dropped to 7 percent in the afternoon, which corresponds to 136,000 barrels per day.

A contingency plan has been activated to ensure the steady supply of oil during the strike, which may last another four days, Petrobras supply director Paulo Roberto Costa said.

Xinhua