Luis Inacio Lula da Silva: And this debt was incurred because Petrobras needed to extract pressure from 7,000 meters deep, which you didn't believe.
Luis Inacio Lula da Silva: And many people in this country said it was impossible to extract oil from 7,000 meters deep.
And we managed to extract it, and today the barrel of oil brought to land is almost the same price as a barrel of oil from Saudi Arabia.
Luis Inacio Lula da Silva: The second thing is that I did Petrobras' capitalization of 70 billion, it was the largest capitalization in the history of capitalism in December 2010 and I turned Petrobras into the second largest energy company in the world.
Luis Inacio Lula da Silva: And that allowed us to become self-sufficient.