Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Brazil's CVRD to exploit natural gas
+ -
11:19, September 13, 2007

 Related News
 Brazilian president denies plan to renationalize CVRD
 CVRD suspends iron ore supply to clients due to environmental liabilities
 Social movements invade facility: Brazil mine company
 CVRD to build new alumina plant in northern Brazil
 Comment  Tell A Friend
 Print Format  Save Article
Brazilian iron ore miner Companhia Vale do Rio Doce (CVRD) announced Wednesday it is studying opportunities to acquire areas for the exploration of natural gas.

The company is gearing up to participate in the next round of a public bidding process for the exploration of hydrocarbons by the National Petroleum Agency (ANP), the Brazilian regulatory agency for the oil industry.

CVRD said it is seeking to "diversify and optimize its energy grid" through increased use of thermal coal, renewable fuels and natural gas.

Additionally, CVRD stated that it had signed a memorandum of understanding with Shell Brasil Ltd to jointly evaluate opportunities and develop partnerships to meet CVRD's energy consumption needs.

The Brazilian company also said the document includes the possibility of participating in exploration blocks in the Espirito Santo basin, off Brazil's southeastern coast, where Shell already has interests.

Source: Xinhua



  Your Message:   Most Commented:
Discussion: China dealing with climate change
Chinese president leaves for Australia
Guest Say: The art of recovering real life on the land

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/6261883.pdf