Levantamento feito a partir de dados da ANP mostra que arrecadação com royalties do petróleo diminuiu 30,8% em maio e pode cair mais de R$ 12 bilhões em 2020

Survey Based on Data from ANP Shows Oil Royalties Revenue Decreased by 30.8% in May and Could Fall by More Than R$ 12 Billion in 2020

Written by Roberta Souza

Published on 25/06/2020 at 11:07

plataforma, covid-19, p-40, petróleo, royalties

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Survey Shows Sharp Drop in Global Oil Demand and Reveals Impacts on Revenues for the Country, States, and Municipalities

The drop in global oil demand and plummeting international prices have led to a significant decline in the country’s revenue from royalties and special participations in recent months. This decrease is an additional shock to the revenues of the Union and governments of producing states and municipalities in 2020, whose budgets are also pressured by the prospect of lower economic growth and additional expenses to tackle the Covid-19 pandemic.

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According to G1, a survey conducted by the Brazilian Center for Infrastructure (CBIE), based on data from the National Agency for Petroleum, Natural Gas and Biofuels (ANP), shows that revenue from royalties fell by 30.8% in May compared to April. Year-over-year, the retraction was even greater at 35%.

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Survey Based on Data from ANP Shows Oil Royalties Revenue Decreased by 30.8% in May and Could Fall by More Than R$ 12 Billion in 2020

Survey Shows Sharp Drop in Global Oil Demand and Reveals Impacts on Revenues for the Country, States, and Municipalities

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Survey Based on Data from ANP Shows Oil Royalties Revenue Decreased by 30.8% in May and Could Fall by More Than R$ 12 Billion in 2020

Survey Shows Sharp Drop in Global Oil Demand and Reveals Impacts on Revenues for the Country, States, and Municipalities

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Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

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