Oil surpluses should only be auctioned at 2019

The pre-salt areas that are with Petrobras will no longer be auctioned. The government has definitely decided to hold the auction, and the wells will be returned to the union. The legal proceedings were not fulfilled in time to hold the competition until December, despite all pressure from the oil companies, and the decision of this parcel will be in charge of the next President of the Republic.

The state has the right to stay with 5 billion barrels of oil equivalent (BOE), relating to the contract of costly assignment signed in 2010. The other 5 billion surpluses of the costly transfer will return to the government. Even without being able to continue the auction, the process has already been advanced and forwarded to the successor to fear and condition the payment of credit to Petrobras for fundraising with the competition.

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