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May Royalties Rise in Northern Fluminense, but Instability Concerns Oil Sector, Says Expert

Published on 22/05/2025 at 09:12
Petróleo, Royalties
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Campos, Macaé, Quissamã, São João da Barra and São Francisco de Itabapoana Register Increase in May Royalties, but P-53 Shutdown May Reduce Transfers Next Month

The municipalities oil producing in Northern Fluminense received on Thursday (22) the transfers related to May royalties. The total distributed among Campos, Macaé, Quissamã, São João da Barra, and São Francisco de Itabapoana exceeded R$ 160 million, according to data released by the National Petroleum Agency (ANP).

Macaé led the collection with R$ 80.2 million. This amount represents an increase of 14.4% compared to the previous month when the municipality received just over R$ 70 million.

Next was Campos dos Goytacazes, with R$ 45.8 million, a 12% increase over the April amount, which was R$ 40.9 million.

Other municipalities in the region also experienced growth. Quissamã collected R$ 11.5 million, an 8% advancement over the R$ 10.6 million from the previous month.

São João da Barra increased from R$ 15.8 million to R$ 18.1 million, with a variation of 14.5%. São Francisco de Itabapoana saw an increase of 21.1%, receiving R$ 4.3 million in May.

The amounts correspond to the production recorded in March of this year and indicate a momentary growth scenario. However, according to the Superintendent of Oil and Gas in São João da Barra, Wellington Abreu, the sector continues to face instability.

Despite this temporarily favorable result, the global scenario remains marked by high volatility,” he stated. He recalled that the price of oil fell from over US$ 70 in March to between US$ 60 and US$ 66 in April, remaining at that level.

Wellington emphasized that the regional dependence on oil revenues makes the situation even more delicate. For June, the forecast is a decline in transfers. The reason would be the shutdown of platform P-53, which negatively impacted local production.

According to him, the municipalities of Campos, Macaé, and Rio das Ostras are expected to be the most affected in the next distribution. The June transfer will be based on production performance in April, a period already impacted by the unit’s interdiction by ANP itself.

With information from J3 News.

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Romário Pereira de Carvalho

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