Government raises US $28 billion in oil auctions

The government grossed US $28 billion in oil auctions this year. Last Friday, September 28th, was the fifth round of pre-salt sharing with six auctions. There were about 18 companies involved in the negotiations that resulted in R $27.9 billion in 48 maritime areas.

The company pioneered in purchases was ExxonMobil, with 21 areas that yielded about R $8.7 billion, Petrobras came second, with a total of 20 areas. Other companies such as Shell, Equinor and BP also participated in the concessions of 2017 and 2018, obtaining good results.

The Director-General of the National Agency for Petroleum, Natural Gas and Biofuels (ANP), Decius Oddone, says that the diversification of operators in the pre-salt will make the development of Brazilian reserves not only depend on Petrobras. Even according to him, auctions will generate more exploration activities at the end of 2019, but the hirings will only be in 2023.

The National Energy Policy Council (CNPE) has already confirmed the forthcoming concessions, which will take place in 2021. And also there are forecasts of a megaleilão of the surplus of the costly assignment, promoting a sixth round of the pre-salt for next year, but the decision whether or not will continue the auction will be through the new government.

The Entreguismo of our public heritage is evident with the various rounds of bidding of the pre-salt, and with this bringing profit only to foreign state, and not to the development of Brazil.

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