Lula's Government Proposes Auctioning Surplus from Pre-salt Fields; Government Expects to Raise BRL 15 Billion

Lula’s Government Proposes Auctioning Surplus from Pre-salt Fields; Government Expects to Raise BRL 15 Billion

Written by Romário Pereira de Carvalho

Published on 29/05/2025 at 07:58

Imagem: Tânia Rêgo/Agência Brasil

Be the first to react!

Proposal Sent to Congress Aims to Auction Union’s Surplus in Tupi, Mero and Atapu This Year

President Luiz Inácio Lula da Silva submitted to the National Congress on Wednesday a proposal that authorizes the sale, through auction, of all oil and gas production belonging to the Union in pre-salt fields under the sharing regime.

The measure aims to raise around R$ 15 billion by 2025, according to government officials.

This cash boost could help ease revenue pressure, especially in light of criticism over the increase in the Tax on Financial Transactions (IOF), which anticipates revenue of R$ 19 billion this year.

ARTICLE CONTINUES BELOW

See also

Currently, in the sharing model, part of the production from pre-salt fields is allocated to the federal government. This portion is sold by the state-owned company Pré-Sal Petróleo S.A. (PPSA).

The new proposal aims to sell the entirety of the Union’s surplus oil in non-contracted areas of the Tupi, Mero, and Atapu fields.

The idea is to anticipate future revenues from the sale of these volumes in 2025. To this end, an auction is planned, the organization of which will depend on an assessment by the National Energy Policy Committee. The committee will be responsible for defining the conditions of the bid and the amounts involved.

Chinese groups are already operating in the Tupi and Mero fields in partnership with Petrobras. Small portions of these fields have yet to be contracted. The proposal specifically aims to auction these percentages.

Initially, the government considered including this revenue in the report that announced the freeze of R$ 31.3 billion in expenses. However, the idea was postponed due to technical issues. The amount can only be officially considered in the Budget after the project’s approval by Congress.

With information from Info Money.

Lula’s Government Proposes Auctioning Surplus from Pre-salt Fields; Government Expects to Raise BRL 15 Billion

Proposal Sent to Congress Aims to Auction Union’s Surplus in Tupi, Mero and Atapu This Year

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

In Niger, mud buildings have stood for ten generations while the world spends billions on concrete and steel, now African architects are proving at the Venice Biennale and in real projects that red earth can be the smartest and most sustainable building material of the 21st century.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

China has begun the second phase of energy assistance to Cuba with a 120 MW solar generation plan, and the first result is a photovoltaic park with batteries that regulates voltage, controls frequency, and provides local autonomy to an island suffocated by chronic blackouts.

Fog that many people see as a simple “smoke” may be alive, full of bacteria, and even cleaning air pollution without anyone noticing.

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

With R$ 11 billion, 12.4 km over the sea, and a central span of 400 meters, the Salvador–Itaparica Bridge will have 1,400 spots in 100 classes to prepare workers for the mega-project in Bahia.

Chinese automaker arrives in Brazil promising a revolution: GWM prepares a mega factory of 1.7 million m², foresees up to 3,500 job openings, and accelerates the expansion of electric and hybrid vehicles with a new industrial project in Aracruz, Espírito Santo.

Bigger, more powerful, and R$ 25,000 cheaper than a Toyota Corolla, this Honda sedan delivers 255 hp, a 10-speed automatic transmission, a 574-liter trunk, and interior space worthy of premium cars for around R$ 150,000.

Lula’s Government Proposes Auctioning Surplus from Pre-salt Fields; Government Expects to Raise BRL 15 Billion

Proposal Sent to Congress Aims to Auction Union’s Surplus in Tupi, Mero and Atapu This Year

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

In Niger, mud buildings have stood for ten generations while the world spends billions on concrete and steel, now African architects are proving at the Venice Biennale and in real projects that red earth can be the smartest and most sustainable building material of the 21st century.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

China has begun the second phase of energy assistance to Cuba with a 120 MW solar generation plan, and the first result is a photovoltaic park with batteries that regulates voltage, controls frequency, and provides local autonomy to an island suffocated by chronic blackouts.

While oil fields bury saltwater underground, a pilot in the US uses solar steam without electricity for desalination of hypersaline water and transforms Permian waste into a potential agricultural and industrial resource.

Oil fluctuates above $100 after meeting between Trump and Xi Jinping and progress in Middle East negotiations

OPEC reduces oil demand forecast for 2026, but bets on global market recovery in 2027

Braskem’s new generation tankers will cross over 5,500 nautical miles between the U.S. and Brazil, reduce CO₂ emissions by 30%, and transport naphtha with modern engines, an optimized hull, and a focus on at-sea efficiency on a strategic route.

Weatherford secures offshore contracts in Brazil through 2030 with operations in the Búzios field and Campos Basin.

Fog that many people see as a simple “smoke” may be alive, full of bacteria, and even cleaning air pollution without anyone noticing.

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

With R$ 11 billion, 12.4 km over the sea, and a central span of 400 meters, the Salvador–Itaparica Bridge will have 1,400 spots in 100 classes to prepare workers for the mega-project in Bahia.

Chinese automaker arrives in Brazil promising a revolution: GWM prepares a mega factory of 1.7 million m², foresees up to 3,500 job openings, and accelerates the expansion of electric and hybrid vehicles with a new industrial project in Aracruz, Espírito Santo.

Bigger, more powerful, and R$ 25,000 cheaper than a Toyota Corolla, this Honda sedan delivers 255 hp, a 10-speed automatic transmission, a 574-liter trunk, and interior space worthy of premium cars for around R$ 150,000.