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Brazil only gets bid from Shell for its pre-salt oil - source

Brazil only gets bid from Shell for its pre-salt oil - source
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RIO DE JANEIRO (Reuters) – An auction of oil by the Brazilian government from coveted offshore pre-salt fields has only attracted the interest of one bidder, Royal Dutch Shell Plc <RDSa.L>, a person familiar with the matter said on Thursday.

The auction, scheduled for May 30, is the first time the government will sell its share of oil in the pre-salt, where billions of barrels of crude are trapped beneath a thick layer of salt under the ocean floor.

Shell did not immediately respond to a request for comment.

(Reporting by Luciano Costa; Writing by Alexandra Alper, Editing by Rosalba O’Brien)

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