New Gas Milestone is approved and proceeds to sanction

The New Gas Milestone was approved in the early hours of the last day 17, after the vote among the deputies of the House. Now the text goes to presidential sanction.

The project is the government's bet to reduce the price of gas, attract new companies investments for the sector, increase competition and break Petrobras' monopoly in the domestic market. The text approved was the original, presented in the House of Representatives in September, without the amendments made by the Senate in December last year.

Among the approved measures, now, the authorization regime for pipelines is established, which was made through concessionsince 2009. With the change, the process becomes simpler, since each company can build, expand, operate and maintain the pipeline structures freely.

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