Brazil Will Invest R$ 1.5 Trillion in Oil and Gas By 2027

Written by Paulo Nogueira

Published on 08/07/2019 at 15:44

Updated on 08/07/2019 at 15:51

Seja o primeiro a reagir!

According to the Minister of Mines and Energy, Bento Albuquerque, Brazil, the United States, and Russia have the technology and resources to develop nuclear energy generation.

During his participation in an event at the Commercial Association of Rio de Janeiro this Friday, July 5th, the Minister of Mines and Energy, Bento Albuquerque, stated that Brazil will invest R$ 1.5 trillion in oil and gas by 2027, an additional R$ 550 billion in the electricity generation and transmission sector, and R$ 80 billion in the mineral sector by 2022.

According to the minister, Brazil, the United States, and Russia have the technology and resources to develop nuclear energy generation. Power plants occupy small areas, and our fuel is domestic.

ARTICLE CONTINUES BELOW

See also

The president of NUCLEP emphasized that the company would be one of the main sponsors of the event. NUCLEP is subordinate to the Ministry of Mines and Energy, created to support the Brazilian Nuclear Program.

“We are immensely proud to be directly linked to the Minister of Mines and Energy, Admiral Bento, who, even before the ministry, as then General Director of Nuclear Development and Technology of the Brazilian Navy, was always connected to NUCLEP. Always involved in the development of our nuclear projects directed towards the Defense of the country, the minister is also our president of the Administrative Council. NUCLEP has a lot to contribute to the growth of the national Energy sector and we will always be present at events like this, which enhance and strengthen our ministry.”

Angra 3

Leonam dos Santos Guimarães, president of Eletronuclear, also present at the event, stated that he expects to reach this month the business model that will be adopted to resume the works of Angra 3, and the expectation is that the signing of contracts with future partners, still undefined, will occur by the end of next year. Several international companies have expressed interest in the partnership, including American, French, Chinese, and Russian companies.

According to Leonam, so far R$ 10 billion has been spent on the works of Angra 3, which began in the 1980s. The president of Eletronuclear added that R$ 15 billion will be needed to complete the plant.

During his speech, Minister Bento Lima Albuquerque once again highlighted that the Government will restart and complete the construction of the Angra 3 Nuclear Power Plant and intends to present the National Energy Plan (PNE) by December, which should point to the construction of new nuclear power plants in Brazil to meet the country’s need to change its energy matrix.

Petrobras is forced to exit the Brazil-Bolivia gas pipeline

Brazil Will Invest R$ 1.5 Trillion in Oil and Gas By 2027

According to the Minister of Mines and Energy, Bento Albuquerque, Brazil, the United States, and Russia have the technology and resources to develop nuclear energy generation.

Angra 3

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Satellite images reveal in South America a system with 76 ancient traps and nearly 800 settlements, showing that human groups occupied extreme altitudes for much longer than previously thought.

While the world was watching Iran, China took a Pacific island for itself without firing a single shot and is now accelerating its militarization.

An excavation the size of an entire city has opened a hole of 44 km² in Germany, descending nearly 300 meters below sea level and creating an “artificial scar” so colossal that it can be seen from space while continuing to advance over everything around it.

At the top of Chapada Diamantina, a village of stone houses without cement housed 9,000 prospectors at the height of the diamond rush and today has 380 residents among ruins that seem to be from the Middle Ages.

The technique that few know in mining freezes the soil for months to create an underground wall of ice capable of blocking invisible rivers, preventing landslides, and allowing excavations in areas that would collapse instantly.

Brazil Will Invest R$ 1.5 Trillion in Oil and Gas By 2027

According to the Minister of Mines and Energy, Bento Albuquerque, Brazil, the United States, and Russia have the technology and resources to develop nuclear energy generation.

Angra 3

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Sandy unproductive land can become a highly profitable area with a simple technique that boosts soybeans and corn to over 100 sacks.

The new Kia hatch will have a range of up to 480 km, may cost up to 25,000 euros (around R$ 150,000), and promises to become one of the most affordable electric cars in Europe; meet the Kia Picanto Electric.

Viih Tube, former BBB contestant and millionaire, lives in a mansion worth R$ 8.5 million with a heated artificial lake, two cinemas, a complete spa, and a giant playroom of 120 m² for the couple’s children.

Labor shortages in the construction industry in the United States surge, and 499,000 workers need to be urgently hired to fill open positions and support ongoing large-scale projects.

Governments in Latin America are advancing with a sustainability and energy transition agreement in aviation, creating an environment for the scaling of SAF, operational gains, and a direct response to global climate demands.

Satellite images reveal in South America a system with 76 ancient traps and nearly 800 settlements, showing that human groups occupied extreme altitudes for much longer than previously thought.

While the world was watching Iran, China took a Pacific island for itself without firing a single shot and is now accelerating its militarization.

An excavation the size of an entire city has opened a hole of 44 km² in Germany, descending nearly 300 meters below sea level and creating an “artificial scar” so colossal that it can be seen from space while continuing to advance over everything around it.

At the top of Chapada Diamantina, a village of stone houses without cement housed 9,000 prospectors at the height of the diamond rush and today has 380 residents among ruins that seem to be from the Middle Ages.

The technique that few know in mining freezes the soil for months to create an underground wall of ice capable of blocking invisible rivers, preventing landslides, and allowing excavations in areas that would collapse instantly.