Petro Rio S.A. HRTPF

Alternatives to cut costs

[Rzbern]

I think it is best not store oil in the FPSO, as it spends money on chartering and cost of production in Polvo field. It is best to now stop production in Polvo, because no costs money if stored oil in the seabed. They need to sell the oil from the FPSO to the value it is in the market, to reasons that oil prices may fall further and in the penultimate alternative need dispense the FPSO.