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Oil and Gas in Rio Grande do Norte: The State’s Market Resurgence Can Unlock the Economy and Correct Historical Distortions

Written by Valdemar Medeiros
Published on 24/11/2020 at 10:54
Updated on 24/11/2020 at 11:02
Petróleo e gás - offshore – Rio grande do Norte
Plataforma de petróleo offshore
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The Resurgence of the Oil and Gas Industry in Rio Grande do Norte – Year 2021 May Unveil the Boom Behind the Offshore Market in the State

What needs to happen for the resumption of investments in exploration in the Brazilian oil and gas market? What are the post-pandemic trends in the offshore market and what can be done to unlock the economy and correct historical distortions? Brazilian experts address this subject from a different perspective.

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Although there is uncertainty surrounding the forecast for oil and gas demand and it is too early to worry about the end of fossil fuels in the short term, major oil companies agree that the demand in the offshore oil and gas market in Rio Grande do Norte will peak by 2040, creating a competitive environment for producing reserves worldwide.

“Opening the Natural Gas Market Could Generate Over 33,000 Jobs in the Next 10 Years,” Says Bruno Eustáquio

The approval of the bill regarding the New Natural Gas Law will allow for a decrease in product prices. This is guaranteed by the Deputy Executive Secretary of the Ministry of Mines and Energy, Bruno Eustáquio de Carvalho. In an exclusive interview with the portal Brasil6.com, he explained that this consequence will occur through the opening of the market in the offshore industry sector.

“Our expectation is that, with the approval of this law, we will have an open, dynamic, and competitive offshore market that will indeed boost our economy. As the market opens up, conditions will be created for cheaper gas to be offered to those who truly use it, especially the industry. The rationale for building this new gas market policy presupposes this opening, which we hope will lead to more appropriate prices,” he stated.

Valdemar Medeiros

Formado em Jornalismo e Marketing, é autor de mais de 20 mil artigos que já alcançaram milhões de leitores no Brasil e no exterior. Já escreveu para marcas e veículos como 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon e outros. Especialista em Indústria Automotiva, Tecnologia, Carreiras (empregabilidade e cursos), Economia e outros temas. Contato e sugestões de pauta: valdemarmedeiros4@gmail.com. Não aceitamos currículos!

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