Young Journalists Club | Latest news of Iran and world

23 September 2017 - 01:44
News ID: 3003
Publish Date: 12:48 - 18 December 2013
Brazil’s president says she wants the country to become a major oil producer and processor.
Dilma Rousseff’s comments came as she toured the construction site of a new refinery near the city of Recife in the north east of Brazil.

The country currently imports many oil-based products and sells them into the market at below cost.

The subsidies have damaged the performance of state-run oil company Petrobras.

The refinery is expected to be online by November 2014.

euronews
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