Lack of environmental license can affect bids

The delay in the release of environmental licenses can affect the result of the 14th round of bids from the national petroleum Agency (ANP), according to experts. Because of the delay in delivery of the documents, numerous oil companies hasn't been able to initiate exploratory work, causing obstacles in new investments in the oil sector. To give an idea, exploration blocks 2013 round haven't even started why not expeditions has the endorsement of the environmental agencies.

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