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Brazil Reschedules Second Phase of Biofuels Auction

Written by Paulo Nogueira

Published on 13/04/2020 at 08:11

Updated on 13/04/2020 at 08:27

Agribusiness, Economy

Foto ilustração: Embrapa

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Overall, In Addition to Biofuels, Six Events Were Canceled, Including the New A-4 Energy Auction in 2020

The Brazilian Agency of Petroleum, Natural Gas and Biofuels (ANP) announced on Friday that it has rescheduled for April 15 the previously suspended second phase of the 72nd biodiesel auction. The agency suspended the bidding as a result of the economic impact of the international public health emergency caused by the COVID-19 pandemic.

The new date was set after a meeting between the ANP, the Ministry of Mines and Energy, and the country’s producers and distributors, in which they decided what the minimum percentage for the production and distribution of biofuels would be. Last week, the government announced that it had indefinitely postponed the planned energy and transmission auctions for 2020. Overall, six events were canceled, including the new A-4 energy auction, which recorded 51,438 MW of hydroelectric, wind, solar, and biomass projects ready to compete.

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ANP biocombustíveis

Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Brazil Reschedules Second Phase of Biofuels Auction

Overall, In Addition to Biofuels, Six Events Were Canceled, Including the New A-4 Energy Auction in 2020

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