Document Contains Suggestions from Independent Producers for the Continuity of Actions Such as Petrobras’ Divestment Program, Reate and Promar
The Brazilian Association of Independent Oil and Gas Producers (ABPIP) delivered this week to the campaign managers of the presidential candidates a document containing proposals aimed at building an efficient agenda focused on the oil and gas sector, based on the pillars of transparency, speed, and simplification, seeking to strengthen the sector and increase its contribution to job and income generation for the country.
In addition to explaining the role of independents in the oil and gas sector, the document brings suggestions that involve topics such as Petrobras’ Divestment Program, the continuation of actions established in the REATE and PROMAR programs, the exploration and production of unconventional reservoirs, environmental licensing, the restructuring of the ANP, and recommendations for greater efficiency in the New Gas Market.
According to Anabal Santos Jr., Executive Secretary of ABPIP, the goal of the Association is to promote a more competitive environment with the regulatory simplification and speed that current times demand. “The oil and natural gas sector is a key driver of the Brazilian economy, due to the substantial investments and socioeconomic impact it provides. To give you an idea, in the exploration and production sector alone, investments of about US$ 175 billion are projected for the period from 2023 to 2030, generating 570,000 direct and indirect jobs each year,” he explained.
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Petrobras made two discoveries in the pre-salt of the Campos Basin in less than 30 days: “excellent quality” oil in Marlim Sul in March and hydrocarbons at 2,984 meters in April.
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The government will pay R$ 1.20 for each liter of diesel that Brazil imports and for the first time in history requires distributors to reveal how much they profit — those who hide their margins will face fines of up to R$ 500 million…
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Under kilometers of water, rock, and salt, Brazil hides a colossal wealth that led an official guide from the U.S. government to recognize the country as the owner of the largest ultra-deep oil reserves in the world.
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Iran said that the Strait of Hormuz is open, but in practice only 1 non-Iranian oil tanker managed to cross in 24 hours — before the blockade, 100 ships passed per day.
Moreover, according to the executive, independent companies have been showing high potential and operational efficiency in the exploration and production of oil fields both offshore and onshore, and their operations are of great importance for Brazil, contributing to the collection of royalties, taxes, and job creation.
Source: Simone Azevedo Comunicação

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