ANP to Publish Round 9 Prelim Bidding Rules

Brazil's hydrocarbons regulator ANP plans to publish the week starting July 23 preliminary bidding rules for this year's hydrocarbons exploration licensing round, an ANP spokesperson told BNamericas.

Before publishing preliminary rules, ANP needs an official position from federal environmental protection agency Ibama about the possibility of offering blocks in the offshore sedimentary basin of Rio de Peixe in north-eastern Brazil, the spokesperson said.

The rules will be available for public consultation before ANP publishes the final rules. Federal energy planning council CNPE already has formalized the authorization for this year's ninth round.

ANP is studying plans to offer 300 exploration blocks in nine basins, including Rio de Peixe, the spokesperson said. CNPE will need to approve the blocks before they are officially offered.

The ninth round will concentrate on areas more likely to contain natural gas and light crude, CNPE said in a statement.

Visit BNamericas to access our real-time news reports, 10-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.