HOME > Business

Petrobras will invest R$ 83,4 billion in 2015.

Government estimates published Thursday in the annual budget bill project a total of $220,6 billion to be invested between 2014 and 2018.

Government estimates published Thursday in the annual budget bill foresee a total of US$220,6 billion to be invested between 2014 and 2018 (Photo: Gisele Federicce)

BRASILIA (Reuters) - Petrobras (PETR4.SA: Quotes) will invest 83,4 billion reais next year, out of a total of 220,6 billion dollars that are planned to be spent between 2014 and 2018, according to government estimates published this Thursday.

This information is included in the annual budget bill.

Of the total amount projected until 2018, the Exploration and Production area will receive US$153,9 billion, while the Supply area will have investments of US$38,7 billion, according to Petrobras' Business Plan.

(By Luciana Otoni)