New calculation of minimum oil price takes effect in 2018

The federal Government published the CNPE resolution nº 5, which establishes guidelines that change the calculation methodology for the oil reference price for national oil Agency – ANP, Decree No. 9,042, of 2 may 2017, which defines criteria for the calculation of the reference price for the collection of government holdings.

According to the document, the reference price of oil will be established by the national petroleum Agency (ANP), from a standard basket consisting of up to four types of oil quoted in the international market and will be introduced gradually, in four years, from January 1, 2018.

In order to progress the new guidelines and reassessment of the new methodology of prices by the end of July this year, the PNA will issue consultation and public hearing, in order to regulate the standard basket. Keep watching the Panorama portal Offshore has always quality news about the market of oil, gas, energy, gasoline, fuels, Petrobras, onshore and offshore. Remember: your business. Check out: www.panoramaoffshore.com.br www.facebook.com/panoramaoffshore.

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