MME Projects R$ 9 Billion Investments for the Oil and Natural Gas Sector in Rio Grande do Norte During the Mossoró Oil and Gas Event

Written by Ruth Rodrigues

Published on 09/07/2022 at 01:40

Fonte: Mossoró Oil e Gas

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During the Mossoró Oil and Gas event, the MME presented the main projections for the future of the oil and natural gas sector in Brazil and highlighted that the state of Rio Grande do Norte should receive a total of R$ 9 billion in investments in the coming years.

The Ministry of Mines and Energy (MME) was present at the Mossoró Oil and Gas event, which concluded on Thursday (07/07), and commented on the market in Rio Grande do Norte in the field of oil and natural gas for the coming years. Thus, the outlook for major companies like 3R Petroleum brings positive projections for the state, which is expected to receive investments of around R$ 9 billion in the sector.

Mossoró Oil and Gas Event Features Projections for the Future of the Oil and Gas Sector in the State of Rio Grande do Norte

The Mossoró Oil and Gas event brought together representatives from the oil and natural gas sector from all over Brazil to discuss the segment, and in one of the presentations, the MME pointed out that, in the coming years, the state of Rio Grande do Norte will return to the map of the largest producers in this segment in Brazil. Furthermore, data from the ministry is forecasting a total investment of R$ 9 billion for projects aimed at this field.

The MME representative, Guilherme Eduardo Zerbinatt, coordinated the presentation on the sector’s projections and expected investments and highlighted that the future of Rio Grande do Norte will be prosperous for the sector: “With the measures from the National Energy Policy Council (CNPE) to stimulate the development and production of fields and accumulations of oil and natural gas, which present marginal economic viability, the expectation is for greater investments to consolidate a favorable business environment for investments in Brazil.”

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Out of the total of R$ 9 billion in investments that will be made in the state, according to the MME over the coming years, a portion of R$ 7 billion will be directed towards the projects of 3R Petroleum.

The company is currently the operator of the Macau Polo and the Areia Branca Polo and, during the next year, the company will also take over the Potiguar Polo. This expansion in the field of oil and gas in Potiguar is only possible due to new regulations that opened the fuel market to attract new investors across Brazil.

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All the efforts of the Federal Government with new regulations for the oil and natural gas sector in Brazil will bring excellent results for the Potiguar market in the coming years. This is because the MME projections at Mossoró Oil and Gas are predicting that production in Rio Grande do Norte will reach around 100,000 barrels of oil per day, a significant jump, given that the state currently produces about 30,000 barrels per day.

Additionally, the Technical Director of Sebrae RN, João Hélio Cavalcanti Júnior, who also participated in Mossoró Oil & Gas, commented that this is the ideal time for small companies in the sector to invest in the Potiguar market. He believes that the resumption of production and the billion-dollar investments projected for the state will create a market with strong profit potential in the Potiguar region.

The Mossoró Oil & Gas 2022 has so far attracted around 3,000 participants and enabled the connection of the Potiguar market with companies from all over Brazil, in addition to international participants, contributing to strong growth in attracting investments for the region in the future.

MME Projects R$ 9 Billion Investments for the Oil and Natural Gas Sector in Rio Grande do Norte During the Mossoró Oil and Gas Event

During the Mossoró Oil and Gas event, the MME presented the main projections for the future of the oil and natural gas sector in Brazil and highlighted that the state of Rio Grande do Norte should receive a total of R$ 9 billion in investments in the coming years.

Mossoró Oil and Gas Event Features Projections for the Future of the Oil and Gas Sector in the State of Rio Grande do Norte

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Onshore Oil and Natural Gas Production Will Be Significantly Expanded, Says MME Projections at Mossoró Oil and Gas

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MME Projects R$ 9 Billion Investments for the Oil and Natural Gas Sector in Rio Grande do Norte During the Mossoró Oil and Gas Event

During the Mossoró Oil and Gas event, the MME presented the main projections for the future of the oil and natural gas sector in Brazil and highlighted that the state of Rio Grande do Norte should receive a total of R$ 9 billion in investments in the coming years.

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

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