Estudo prevê queda de 50% no consumo de derivados de petróleo e gás e redução de 30% na produção da Bacia de Campos

Study Predicts 50% Decrease in Oil and Gas Derivative Consumption and 30% Reduction in Campos Basin Production

Written by Roberta Souza

Published on 30/04/2020 at 16:27

bacia de campos, petróleo, petróleo e gás, gás natural

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Analysis made by the Federation of Industries of Rio de Janeiro (Firjan) regarding the impacts brought by the pandemic on the oil and gas sector cites that one of the consequences of the decline in production and consumption in the oil and gas sector is the decrease in royalty and tax collections by the state of Rio de Janeiro.

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The entity predicts that the ICMS (Tax on Circulation of Goods and Services) will have a loss of 8% in total collection compared to last year’s average.

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For states and municipalities, the loss is expected to be even greater, as royalty collection is expected to reach only R$ 12.7 million per day, which shows a reduction of 50.5% compared to the 2019 average, which had an average collection of R$ 25.7 million daily.

Karine Fragoso, manager of Oil, Gas, and Naval at Firjan, states: “This new crisis brings a lot of concern for the market, which had been following a growing curve of production and hiring of direct and indirect workers, in response to past crises and the hiatus of auctions that have been resumed.”

Karine also believes that strengthening the industrial base will be the main means for recovery in demands and adds: “The recovery of the economy creates jobs, generates income, and expands the collection base, which helps the state move towards economic diversity.”

Study Predicts 50% Decrease in Oil and Gas Derivative Consumption and 30% Reduction in Campos Basin Production

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