Brazil expects to collect 4 bln-5 bln reais from 2017 oil auctions

BRASILIA Oct 13 (Reuters) – Brazil expects to bring in 4 billion to 5 billion reais ($1.3 billion-$1.6 billion) in revenues from a pair of auctions for oil exploration prospects planned for the second half of 2017, the interim Mines and Energy Minister Paulo Pedrosa said on Thursday. (Writing by Reese Ewing)

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