Pursuant to Rule 13a-16 or 15d-16 of the
20031-912 - Rio de Janeiro, RJ
Federative Republic of Brazil
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
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2009 Trade Balance
Rio de Janeiro, January 29, 2010 – Petróleo Brasileiro S.A – Petrobras announces the result of its 2009 Trade Balance, based on oil and derivatives exports and imports and calculated in compliance with the Brazilian and international accounting standards, but not including data on natural gas, liquefied natural gas (LNG) and nitrogenated products. The trade balance closed with a financial surplus of $2.9 billion and a volumetric surplus of 156,000 barrels per day.
This performance reflects, primarily, the 4.8% increase in the exported oil and oil products, which reached 705,000 barrels per day in the year mainly due to the increase in the total oil production in Brazil, and to the 23% decrease in the total imported oil products, especially diesel. With regard to diesel, there was an average 43% fall in imports compared to 2008 due to the greater production of diesel at the refineries in Brazil under the Diesel Maximization Program and because of the lower demand for the product on the internal market.
In the fourth quarter 2009 (4Q09), the Company's Trade Balance, calculated based on the imports and exports of oil and derivatives, was $1.1 billion, $194 millions higher than the previous year. The table below presents detailed information.
www.petrobras.com.br/ri
For more information: PETRÓLEO BRASILEIRO S. A. – PETROBRAS
Relacionamento com Investidores I E-mail: petroinvest@petrobras.com.br / acionistas@petrobras.com.br
Av. República do Chile, 65 - 2202 - B - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947 I 0800-282-1540
Este documento pode conter previsões segundo o significado da Seção 27A da Lei de Valores Mobiliários de 1933, conforme alterada (Lei de Valores Mobiliários), e Seção 21E da lei de Negociação de Valores Mobiliários de 1934, conforme alterada (Lei de Negociação) que refletem apenas expectativas dos administradores da Companhia. Os termos “antecipa”, “acredita”, “espera”, “prevê”, “pretende”, “planeja”, “projeta”, “objetiva”, “deverá”, bem como outros termos similares, visam a identificar tais previsões, as quais, evidentemente, envolvem riscos ou incertezas previstos ou não pela Companhia. Portanto, os resultados futuros das operações da Companhia podem diferir das atuais expectativas, e o leitor não deve se basear exclusivamente nas informações aqui contidas.
| Thousand Barrels per day | ||||
| 2008 | 2009 | |||
| Imports | ||||
| Oil | 373 | 397 | ||
| Oil Products | 197 | 152 | ||
| Total | 571 | 549 | ||
| Exports | ||||
| Oil | 439 | 478 | ||
| Oil Products | 234 | 227 | ||
| Total | 673 | 705 | ||
| Net Exports (Oil and Oil Products) | 102 | 156 | ||
| In Million Dollars | ||||
| 2008 | 2009 | |||
| Imports | ||||
| Oil | 14,102 | 8,929 | ||
| Oil Products | 8,071 | 3,398 | ||
| Total | 22,173 | 12,327 | ||
| Exports | ||||
| Oil | 13,755 | 10,050 | ||
| Oil Products | 7,490 | 5,151 | ||
| Total | 21,246 | 15,201 | ||
| Net Exports (Oil and Oil Products) | (927) | 2,874 | ||
www.petrobras.com.br/ri
For more information: PETRÓLEO BRASILEIRO S. A. – PETROBRAS
Relacionamento com Investidores I E-mail: petroinvest@petrobras.com.br / acionistas@petrobras.com.br
Av. República do Chile, 65 - 2202 - B - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947 I 0800-282-1540
Este documento pode conter previsões segundo o significado da Seção 27A da Lei de Valores Mobiliários de 1933, conforme alterada (Lei de Valores Mobiliários), e Seção 21E da lei de Negociação de Valores Mobiliários de 1934, conforme alterada (Lei de Negociação) que refletem apenas expectativas dos administradores da Companhia. Os termos “antecipa”, “acredita”, “espera”, “prevê”, “pretende”, “planeja”, “projeta”, “objetiva”, “deverá”, bem como outros termos similares, visam a identificar tais previsões, as quais, evidentemente, envolvem riscos ou incertezas previstos ou não pela Companhia. Portanto, os resultados futuros das operações da Companhia podem diferir das atuais expectativas, e o leitor não deve se basear exclusivamente nas informações aqui contidas.
| Thousand Barrels per day | ||||
| 4Q 2008 | 4Q 2009 | |||
| Imports | ||||
| Oil | 276 | 373 | ||
| Oil Products | 123 | 139 | ||
| Total | 399 | 512 | ||
| Exports | ||||
| Oil | 559 | 462 | ||
| Oil Products | 231 | 215 | ||
| Total | 790 | 677 | ||
| Net Exports (Oil and Oil Products) | 391 | 165 | ||
| In Million Dollars | ||||
| 4Q 2008 | 4Q 2009 | |||
| Imports | ||||
| Oil | 1,462 | 2,554 | ||
| Oil Products | 791 | 927 | ||
| Total | 2,253 | 3,481 | ||
| Exports | ||||
| Oil | 2,085 | 3,089 | ||
| Oil Products | 1,054 | 1,472 | ||
| Total | 3,139 | 4,561 | ||
| Net Exports (Oil and Oil Products) | 886 | 1,080 | ||
www.petrobras.com.br/ri
For more information: PETRÓLEO BRASILEIRO S. A. – PETROBRAS
Relacionamento com Investidores I E-mail: petroinvest@petrobras.com.br / acionistas@petrobras.com.br
Av. República do Chile, 65 - 2202 - B - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947 I 0800-282-1540
Este documento pode conter previsões segundo o significado da Seção 27A da Lei de Valores Mobiliários de 1933, conforme alterada (Lei de Valores Mobiliários), e Seção 21E da lei de Negociação de Valores Mobiliários de 1934, conforme alterada (Lei de Negociação) que refletem apenas expectativas dos administradores da Companhia. Os termos “antecipa”, “acredita”, “espera”, “prevê”, “pretende”, “planeja”, “projeta”, “objetiva”, “deverá”, bem como outros termos similares, visam a identificar tais previsões, as quais, evidentemente, envolvem riscos ou incertezas previstos ou não pela Companhia. Portanto, os resultados futuros das operações da Companhia podem diferir das atuais expectativas, e o leitor não deve se basear exclusivamente nas informações aqui contidas.
PETRÓLEO BRASILEIRO S.A--PETROBRAS |
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By: |
/S/ Almir Guilherme Barbassa
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Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer |
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This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that are not based on historical facts and are not assurances of future results. These forward-looking statements are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results o
f operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
All forward-looking statements are expressly qualified in their entirety by this cautionary statement, and you should not place reliance on any forward-looking statement contained in this press release. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.