Oil royalties raise almost R $27 bi in 2017

After two years of falling, the collection of royalties and special participations on the production of oil grew more than 50% in 2017. Data of the survey carried out by the Brazilian Infrastructure Center (CBIE), with information from the National Agency of Petroleum, Natural Gas and Biofuels (ANP), indicate that the revenue destined to the Union, states and municipalities last year reached R $26.89 billion, increase of 51.5% in equal period of 2016.

In 2017, only the collection of royalties added R $15.3 billion, and the special participations yielded to the public coffers until the 3rd quarter R $11.59 billion. The balance sheet does not include the special participations of the fourth quarter, whose values should only be released in February by the ANP.

However, despite the collected percentage has been elevated, the index still follows below the maximum recorded in 2014, when the values received totaled R $34.64 billion (not counting inflation). Although the result does not reach the apex, it serves as a thermometer for the market that is thirsty for investments in the oil and gas sector.

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