Bloomberg News

Petrobras Still Calculating 2012 Production Target, CFO Says

February 15, 2012

Feb. 15 (Bloomberg) -- Petroleo Brasileiro SA is still calculating its production target for 2012, Chief Financial Officer Almir Barbassa said in an interview in Sao Paulo.

Petrobras will include Brazilian assets in its plan to raise $13.6 billion from sales and cost cuts, Barbassa said.

To contact the reporter on this story: Lucia Kassai in Sao Paulo at

To contact the editor responsible for this story: Peter Millard at

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