Gas focus in Brazilian licensing draws fire

10/09/2006
A new emphasis on natural gas in Brazilian exploration and production licensing drew criticism during a Rio Oil & Gas panel discussion in Rio de Janeiro.Paulo Manuel Mendes de Mendonca, executive manager of exploration for Petroleo Brasileiro SA (Petrobras), complained that Brazil’s eighth licensing round focuses on gas-prone areas and excludes the Campos basin, which accounts for 84% of Brazilian oil production. He also mentioned limits on the number of bids individual companies can make.He directed his comments to Haroldo Lima, general manager of the National Oil, Natural Gas, and Biofuel Agency (ANP).“We are following governmental guidelines,” Lima responded. &ldq...
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