Of R$ 559 Million in Royalties Agreed with ANP, R$ 302 Million Is Already Provisioned in Petrobras’ Financial Statements
Petrobras announced yesterday (10/22) an agreement with the National Agency for Petroleum, Natural Gas and Biofuels (ANP) related to the collection of royalties, amounting to 559 million reais. In a statement sent to the Securities and Exchange Commission (CVM), the oil company stated that the agreement refers to the collection of royalties on the operation of the Shale Industrialization Unit (SIX), located in São Mateus do Sul (PR).
See Also
- Senac Offers 30 Free Online (EAD) Professional Qualification Courses with Certificate
- Pre-Salt Achieves Record Oil and Gas Production, Surpassing Total Production Accumulated in Onshore Fields Since 1941
- 82nd ANP Biodiesel Auction Negotiates 1.07 Billion Liters for Mandatory Mixture with Diesel Oil
- Radix Secures Contracts with Eneva to Develop the Gavião Belo Natural Gas Production Station Project; Field Has Potential to Be the Second Largest in the Parnaíba Basin
- Vale-Gas Approved Tuesday (10/19) by the Senate Will Use Resources from Royalties, Shared Oil, and Petrobras Dividends
The proposal involves the payment in installments totaling R$ 559 million – a value based on June of this year and which should be updated until the contract is signed – of which R$ 302 million is already provisioned in the financial statements for the second quarter.
Payment of the Amount to Be Made by Petrobras Will Conclude Processes Related to the Collection of Shale Royalties
The payment of the amount will be made by the company after the signing of the agreement and will result in the conclusion of all legal and administrative proceedings related to the collection of royalties and administrative fines arising from the extraction of oil shale carried out in the SIX, located in São Mateus do Sul (PR).
-
While Brazil sits on the pre-salt and still imports diesel, Turkey, which produces almost no oil, crossed half the world to drill 7,500 meters below the sea in Somalia in search of its own fuel.
-
Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?
-
Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.
-
Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening
“The decision to join the agreement is in line with the risk management policy associated with contingency management and with the strategy of value generation through the negotiation of disputed amounts”, said the state-owned company.
According to the oil company, the terms of the agreement, as well as the draft concession contract, will be submitted to public consultation and hearings by the ANP as a measure of transparency, legitimacy, and legal certainty.

Be the first to react!