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News 1/8/2011

OIL AND GAS: REGULATORY FRAMEWORK FOR EXPLOITATION AND ROYALTIES DIVISION.

Discussions regarding oil and natural gas have been recently put into a new perspective since the start of activities on the pre-salt platform which is located in the Brazilian exclusive economic zone, more precisely in waters bordering the states of São Paulo, Rio de Janeiro and Espirito Santo, especially when it comes to the draft of a new ruling of the matter. Given that, and in order to renew the regulation of the sector, published over 40 years ago, new rules for the extraction and marketing of oil and natural gas have been discussed and approved in the Houses of Congress. 

In this newsletter we explore the political discussions around the new rules for the sector and the future of oil and natural gas exploitation in the country. 

See the complete study clicking here

We wish you a good reading! 

Almeida Advogados´ Team

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