Oil-producing municipalities in the state of Rio de Janeiro will invest a large part of the collection to pay civil servants, debts and administration of the public machine
producing cities oil in the Rio de Janeiro region and in the interior of the state of Rio de Janeiro, they will use a large part of these resources to settle the payroll of their employees, debts and other sectors of their administrations. After a long period of time in which the oil segment had low production, with the recent policies to increase productivity in the Santos and Campos Basin together with the increase in the price of a barrel on the international scene, their collections will multiply by 3 times over the next 10 years.
The government of the state of Rio, on the other hand, will use almost all of this money to amortize the debts of Social Security in Rio de Janeiro. Last Friday (13), the government issued dividends from the state in the form of international bonds that exceed 1 billion reais, using future earnings from oil royalties as a guarantee of payment, trusting that the sector will recover and leverage the economy of the Rio de Janeiro.
See the list of municipalities that received oil royalties
- Maricá BRL 746,782 million
- Niterói BRL 615,163 million
- Campos dos Goytacazes BRL 466,179 million
- Macaé BRL 401,505 million
- Rio de Janeiro BRL 169,594 million
- Cabo Frio BRL 122,487 million
- Rio das Ostras BRL 166,108 million
- São João da Barra BRL 114,529 million
- Saquarema BRL 72,742 million
- Angra dos Reis BRL 70,579 million
According to specialists in the oil, gas and energy sector, the policies adopted by governments to make local content more flexible, review of Repetro and the last auctions of exploratory blocks in sedimentary basins in Brazil, contributed in large part to attracting new investments and boosting the economy, since now many oil operators will be able to operate in Brazil with more freedom.
