Basic text of the New Gas Law is approved by the Chamber

The main text of the bill establishing the new framework regulatory framework for natural gas in Brazil was approved by the Chamber of Deputies last Tuesday (1st).

According to experts, the proposal should facilitate investments in new gas pipelines across the country, in addition to increasing competition in sector, changing the concession exploration regime for authorization. Beyond In addition, the new framework also prohibits companies or groups that operate with gas transportation companies control through exploration activities, development, production, import, loading and commercialization of input.

The text, which can still be modified by amendments, was approved by 351 to 101 votes. After passing through the Chamber, the new gas law will still pass the Senate. If it is not modified by the senators, will proceed to presidential sanction.

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