ANP: Round 9 Won't Include Leftover Round 8 Properties
This year's 9th hydrocarbons licensing round will not include blocks left over from last year's round 8, hydrocarbons regulator ANP chief-of-staff Edison Silva told BNamericas.
"For round 9, ANP was careful to choose blocks not included in round 8 so we don't have the same problems that interrupted the last round," said Silva.
Round 8 was suspended after initial sessions by two court injunctions that questioned details of bidding rules.
ANP awarded 38 of the 58 blocks offered in round 8. Blocks not sold in round 8 had a high likelihood of containing natural gas or light crude and were divided into mature, high potential and new frontier blocks.
Silva believes the courts eventually will free up the properties.
Brazil's federal energy planning council CNPE has not yet set a date for round 9.
"We are convinced round 9 will happen this year. We need just to make some calendar adjustments because we have legal deadlines to meet," said Silva.
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