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Petrobras and the Standoff Over Oil Exploration in the So-Called Amazon Mouth: Decision Coming Soon, Says Minister

Written by Rafaela Fabris
Published on 30/09/2024 at 15:22
Updated on 30/09/2024 at 18:22
Petrobras e o impasse sobre explorar petróleo na chamada Foz do Amazonas: decisão em breve, diz ministra
Quando Petrobras vai começar a explorar petróleo na Margem Equatorial (Imagem: Representação)
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Minister Of The Environment Claims That Decision On Petrobras Request To Explore Oil In The Called Foz Do Amazonas Depends On Technical Conclusion.

Who would have thought that Petrobras’ saga to explore oil in the called Foz do Amazonas would be close to a conclusion? Indeed, the Minister of Environment, Marina Silva, stated this Monday (30) that the decision on the license request will be made as soon as the technical area completes its analysis.

“Licensing is a technical process. The technical area has its time to perform the analysis, and at the right time, they make their statements based on technical grounds”, said Marina, after attending a parallel G20 event on finance in environmental sustainability.

Petrobras Has Been Awaiting Since 2023 To Explore Oil In The Region

Petrobras has been awaiting, since 2023, the license from the Environmental Agency (Ibama) to explore oil in the area near Amapá, part of the so-called Equatorial Margin. After an initial denial from the environmental agency, the oil company appealed, but has not yet received a new decision.

This is how it happens in a republican government. What works are the institutions and technical opinions, based on environmental impact studies”, added the minister, reinforcing that the analysis on the exploration of oil in the called Foz do Amazonas follows rigorous criteria.

Optimism Regarding The Approval Of The License For Petrobras

Last week, the Minister of Mines and Energy, Alexandre Silveira, expressed optimism regarding the approval of the license for Petrobras by the end of this year. Expectations are high, but the final decision will depend on the technical opinions that are being carefully evaluated.

Meanwhile, Petrobras continues to wait, keeping an eye on the opportunities that oil exploration in the called Foz do Amazonas may bring. It remains to be seen whether the technical conclusion will be favorable and when this saga will have its final chapter.

The future of oil exploration in the called Foz do Amazonas is about to be decided, raising a crucial question: will it be possible to reconcile the economic development that Petrobras seeks with the environmental preservation necessary for this very sensitive region? What do you think?

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Rafaela Fabris

Covers innovation, renewable energy, and oil and gas. With over 1,200 articles published on CPG, the author provides daily updates on opportunities in the Brazilian job market. For story suggestions: rafafabris11@gmail.com

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