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BRAZIL: PRE-SALT OIL: THE LARGEST WESTERN DISCOVERY.
IPR Strategic Business Information Database, May, 2009
According to O Globo, the discovery of oil by the giant Exxon Mobil in the pre-salt Basin in Santos, could be capable to compete with "Tupi" oil reserve as the major Western Hemisphere discovery in the last 30 years.However, Brazil must take care of the high costs and environmental impacts of the extractions, as written by Antonia Juhasz, author of "The tyranny of oil"
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