Brazil expects $400 bln from Libra offshore oil area over 30 years
September 17, 2013 at 13:03 PM EDT
RIO DE JANEIRO, Sept 17 (Reuters) - Brazil's government expects to receive about 900 billion reais ($400 billion) in royalties and oil revenue over 30 years from the offshore Libra area that it expects to sell at auction in October, the head of Brazil's oil regulator ANP said on Tuesday.