Abespetro Launches Agenda to Attract Investments for the Oil and Natural Gas Sector in Brazil in the Coming Years

Written by Ruth Rodrigues

Published on 22/08/2022 at 14:58

Updated on 31/08/2022 at 22:48

Fonte: Veja

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With Focus On Five Main Macro Themes, The New Agenda Of Abespetro For The Oil And Natural Gas Sector, Recently Launched, Aims To Secure Strong Investments In The Sector Projects To Support The Energy Transition In Brazil.

The Brazilian Association of Oil Services Companies (Abespetro) has a defined investment attraction agenda for the coming years in the oil and natural gas sector in the country. Among the proposals presented is the removal of restrictions that hinder the industrial development, focusing on five macro themes to attract the necessary investments for innovation projects and new ventures in the field.

New Agenda For Attracting Investments In The Oil And Natural Gas Sector Of Abespetro Presents Main Proposals To Expand The Sector In Brazil

Abespetro has defined a new agenda of proposals to develop new projects and incentives for the oil and natural gas sector in Brazil. The association is seeking to support the development of the energy transition in the country. However, this requires funding and new investments for oil and natural gas projects in the country, as they are essential in adopting more sustainable practices in the national market.

The agenda is part of a document prepared with Deloitte, featuring trends and scenarios for the oil sector, and was launched before the presidential elections in a post-pandemic context in Brazil. The report is divided into five main macro themes to attract investments to the oil and natural gas sector in the national market.

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The first of these is “Promoting the Energy Transition Through Incentives for Natural Gas Production,” which aims for improvements in regulation to expand the transportation and distribution infrastructure of fuels.

Additionally, this proposal will also ensure greater security in energy supply in the country, as well as a potential reduction in costs amid the energy transition scenario. The second point of the agenda is “Acceleration of Production Through Expedited Block Auctions,” as Abespetro believes that the oil and natural gas sector in Brazil still requires new exploration projects. Thus, this proposal seeks to attract investments for new regular project auctions in the segment, ensuring more security for companies in the sector.

Discover The Three Other Macro Themes Of The Investment Attraction Agenda For The Oil And Natural Gas Sector

The third of the five macro themes of Abespetro’s agenda is the maintenance and expansion of Repetro, a special tax regime for the oil and gas industry, focusing on exploration and production activities. The association is projecting the stabilization of the project until 2040, encouraging more states to adopt agreements that expand Repetro to ICMS, thus developing new incentives for the oil and natural gas sector in Brazil.

Furthermore, Abespetro suggests in the fourth point the enhancement of research, development, and innovation (R&D) incentive instruments for projects in the oil and natural gas sector in Brazil. With the growth of the energy transition in the current Brazilian scenario, it becomes increasingly necessary to seek investments for new technologies and solutions in the engineering field, improving the productivity of ventures in Brazil.

Finally, the last point of the agenda proposes improving local content rules to foster external investments and promote the export of goods and services from companies operating in Brazil. With all these initiatives underway, Abespetro projects significant growth in the oil and natural gas sector in the country.

Abespetro Launches Agenda to Attract Investments for the Oil and Natural Gas Sector in Brazil in the Coming Years

With Focus On Five Main Macro Themes, The New Agenda Of Abespetro For The Oil And Natural Gas Sector, Recently Launched, Aims To Secure Strong Investments In The Sector Projects To Support The Energy Transition In Brazil.

New Agenda For Attracting Investments In The Oil And Natural Gas Sector Of Abespetro Presents Main Proposals To Expand The Sector In Brazil

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Discover The Three Other Macro Themes Of The Investment Attraction Agenda For The Oil And Natural Gas Sector

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Abespetro Launches Agenda to Attract Investments for the Oil and Natural Gas Sector in Brazil in the Coming Years

With Focus On Five Main Macro Themes, The New Agenda Of Abespetro For The Oil And Natural Gas Sector, Recently Launched, Aims To Secure Strong Investments In The Sector Projects To Support The Energy Transition In Brazil.

New Agenda For Attracting Investments In The Oil And Natural Gas Sector Of Abespetro Presents Main Proposals To Expand The Sector In Brazil

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Discover The Three Other Macro Themes Of The Investment Attraction Agenda For The Oil And Natural Gas Sector

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USS Gerald R. Ford: the floating city of $13 billion where 5,000 sailors serve 17,000 meals a day, sleep in stacked bunks, take 10-liter showers, and keep 75 fighter jets ready.

With 22 thousand tons of steel, a height nearly three times greater than the Eiffel Tower, and a cost of R$ 1.6 billion, China is building the highest bridge on the planet over a colossal canyon, reducing a crossing time of over 2 hours to just over 2 minutes.

NASA issues a warning for the feared Godzilla El Niño that could change the planet’s climate in 2026 with extreme warming of the Pacific capable of causing devastating droughts in some regions and historic floods in others simultaneously.

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