National Petroleum Agency Establishes New Rules for Foreign Trade

Written by Paulo Nogueira

Published on 10/04/2019 at 01:00

Updated on 09/04/2019 at 16:57

Seja o primeiro a reagir!

Resolution Aims to Minimize Barriers to Investment, Reduce Regulatory Costs, Improve Regulatory Quality, and Promote Free Competition, Ensuring Societal Interests.

The Resolution ANP No. 777/2019 published yesterday, April 8, by the National Agency of Petroleum, aims to regulate the foreign trade of biofuels, oil and oil derivatives, and natural gas, replacing the 25 normative acts that regulated the subject. The new resolution establishes a new regulatory framework for the sector, standardizing the authorization requirements for the activity and the administrative handling of import and export license requests.

The new Resolution ANP was created with strategic objectives to update the regulation in order to minimize barriers to investment and reduce regulatory costs, improving regulatory quality through administrative simplification and promoting free competition, with the premise of ensuring societal interests.

ARTICLE CONTINUES BELOW

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

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

In addition to the benefits of simplifying procedures in a single resolution, the resolution ANP No. 777/2019 came to eliminate bureaucracies and enable distributors to directly import products congruent with the activity for which they are authorized, such as the creation, by the distributors themselves, of companies solely to carry out their imports.

The new resolution is not only here to reduce bureaucracy but also to expand the ANP’s capacity for control and oversight, standardizing the set of information required to grant licenses in the Integrated Foreign Trade System (Siscomex) and to enhance the Agency’s capacity to combat fuel adulteration by making end consumers of methanol, who directly import the product, regulated agents.

See the full Resolution ANP No. 777/2019 in the Official Gazette of the Union.

According to data presented by Petrobras, from 2015 to 2018, resulting from the divestment policy adopted by the company, approximately US$ 15.4 billion has already entered Petrobras’s coffers.

National Petroleum Agency Establishes New Rules for Foreign Trade

Resolution Aims to Minimize Barriers to Investment, Reduce Regulatory Costs, Improve Regulatory Quality, and Promote Free Competition, Ensuring Societal Interests.

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

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Tire road? Thousands of shredded tires were secretly placed under a ramp in California, preventing a one-year delay in a project on weak soil and supporting a 26-foot-high structure in a corridor connected to I-880.

In just three hours, a natural stone floor transforms the entrance of the house with an organic effect, immediate drainage, and a sophisticated non-slip finish that doesn’t puddle water, dries quickly, and impresses with the final result.

Future profession with immediate earnings: Specialist reveals how a solar energy technician earns R$ 8,000 per month by taking advantage of the explosion in demand across the entire country.

The Perseverance rover’s radar reveals a river buried 35 meters beneath Mars, pushing the presence of liquid water back to 4.2 billion years and increasing the chances of signs of life on the planet.

Explorers find Roman treasure trapped between rocks on the seabed for nearly 1,600 years and reveal a desperate attempt to hide 53 gold coins during the invasions of the Empire.

While Russia dominates the global wheat market, Brazil emerges as an unexpected competitor in the Cerrado, offering grain available in July and August when stocks in the Northern Hemisphere are at their lowest point of the year.