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Petrobras begins production in the Peroá Field

The gas is being processed at the Cacimbas Gas Treatment Unit (UTGC), in the municipal district of Linhares, and will provide additional supplies of 1.3 million m3/day to the state of Espírito Santo.

Once the first 100 kms of the Southeast-Northeast Gas Pipeline (Gasoduto Sudeste-Nordeste -Gasene), linking the cities of Cacimbas and Vitória, become operational, supplies can be doubled. This stretch of pipeline is scheduled to come on stream in the second half of this year.

The Peroá Platform is located off the northern Espírito Santo coast in a water depth of 67 meters and has a processing capacity of 8 million m³/day.

Petrobras has invested R$ 550 million in Phase 1 of the Peroá project, which includes the platform, the submarine gas pipeline and the UTGC. In all, 1,350 direct jobs were created, including construction and operation. Phase II, which is still at the project stage, will increase supplies from the current level of 1.3 million to 8 million m³/day of gas from 2008.

http: //www.petrobras.com.br/ri/english

Petróleo Brasileiro S.A – PETROBRAS
Investor Relations Department
Raul Adalberto de Campos – Executive Manager
E-mail: petroinvest@petrobras.com.br
Av. República do Chile, 65 - 22 ^th floor
20031-912 – Rio de Janeiro, RJ
(55-21) 3224-1510 / 9947

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