Brazil suspends E&P concession auction

Brazil suspends E&P concession auction

Economy & Policy Energy Gas Regulation Brazil Coronavirus

Brazil's national petroleum agency ANP postponed an auction on Wednesday for the exploration and production of oil and natural gas scheduled for later this year. ANP said in a press release that the Ministry of Mines and Energy asked it to suspend actions related to the 17th E&P concession round, including the publication of the draft contract, due to the "current economic and social scenario" during the coronavirus outbreak. The National Energy Policy Council, or CNPE, will announce a new s

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