Brazilian Government Authorizes Bidding Round Focused On Shale Gas

Author:Mr Pedro Dittrich
Profession:TozziniFreire Advogados

Resolution 6/2013 from the Brazilian National Council for Energy Policy (CNPE, in the Portuguese acronym) was published on August 7, 2013, and authorizes the Brazilian National Agency of Petroleum, Natural Gas and Biofuel (ANP, in the Portuguese acronym) to hold the 12th Bidding Round of blocks for exploration and production of oil and natural gas.

According to the Resolution, ANP will offer 240 exploratory blocks in 7 basins: Acre, Parecis, São Francisco, Paraná, Parnaíba, Recôncavo and Sergipe-Alagoas.

The 12th Bidding Round is...

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