An oil drill ship of Brazil's state-owned oil giant Petrobras is seen off the coast of southeastern Espirito Santo state in Brazil, July 15, 2010. (Xinhua)
Brazil boasts giant fuel reserves in deep waters off its Atlantic coast and have only recently begun to exploit them.
RIO DE JANEIRO, Feb. 19 (Xinhua) -- Brazil's oil and natural gas output hit a record high in January, the Brazilian government said Wednesday.
Last month's oil production reached 3.17 million barrels per day, up 1.99 percent compared with December and up 20.43 percent year-on-year, according to the state-run National Agency of Petroleum, Natural Gas and Biofuels.
Daily natural gas output reached 138.75 million cubic meters, up 0.71 percent from December and up 22.58 percent year-on-year.
Brazil boasts giant fuel reserves in deep waters off its Atlantic coast and have only recently begun to exploit them. ■
