UPDATE 1-First oil from Brazil's Libra area to flow in 2017 -platform operator

RIO DE JANEIRO, Aug 4 (Reuters) - The first oil from a long-duration output test in the giant Libra offshore area in Brazil will flow in the first quarter of 2017, Odebrecht Oil & Gas, which will operate the test platform with Teekay Offshore Partners LP, said on Tuesday.
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