SinoLatin Capital Releases its Latest White Paper 'China and Brazil in the Context of the Pre-Salt Discoveries'

SHANGHAI, May 4 /PRNewswire/ -- In its most recent white paper, "China and Brazil in the Context of the Pre-Salt Discoveries", SinoLatin Capital's Jorge Barreda provides an analysis of the tectonic forces bringing together two of the world's most important emerging economies in developing the most prolific oil discovery in recent history.

Mr. Barreda takes an in-depth look at how China Inc.'s continued urbanization and industry consolidation are shaping its global role and how its appetite for natural resources is pushing it to seek access to resources in far away markets like never before. As this increasingly assertive nation takes its position as a global superpower, it's becoming a leading protagonist in headlines worldwide, with the camps divided on whether it poses a threat or an opportunity.

On the other side is Brazil, itself an emerging economic power that has literally struck gold, black gold to be more precise. In 2006-07, Brazil discovered massive reservoirs of gas and oil in the Tupi field, in country's Santos Basin. The reservoir located at depths of 5 kilometers and at 180 kilometers from the coast is so vast that if confirmed, could imply fresh reserves for Brazil in the tune of 50 billion barrels, multiplying its oil reserve base by up to 4 times. The discovery positions Brazil to emerge as one of the most oil-rich economies in the World.

As preliminary estimates point to an astonishing US$400 billion needed to develop the Tupi fields over the next two decades, the paper examines how the challenges and opportunities confronting Brazil could become the catalyst for a new era of Sino-Brazilian integration.

According to Mr. Barreda "The momentums in both China and Brazil coincide for companies in both economies, large and small, State-owned and private, to reap the benefits of mutual cooperation. The World will look very different in 20 years, and in this futuristic picture we foresee Brazil and China having attained a higher level of economic integration, and jointly consolidating their leading role in a World led by emerging market economies."

The white paper was presented in Rio de Janeiro, Brazil in April 2010 in the context of the "Oil & Gas Outlook: Brazil 2010" conference produced by Terrapin.  

Whitepapers and further details of the study 'China and Brazil in the Context of the Pre-Salt Discoveries' can be freely downloaded from http://www.sinolatincapital.cn/show_white.asp?id=265. Alternatively please contact Jorge Barreda at [email protected], or at (212) 984 -1016.

Located in Shanghai's financial district, SinoLatin Capital is a Shanghai-based advisory and private equity platform dedicated exclusively to the investment flow between China and Latin America.  

SOURCE SinoLatin Capital