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Decree No. 9.041 regulating Law No. 12.351 on the exploitation and production of oil, natural gas and other liquid hydrocarbons, and amending the National Energy Policy.

Country
Type of law
Regulation
Source

Abstract
This Decree regulates Law No. 12.351 on the exploitation and production of oil, natural gas and other liquid hydrocarbons, and amending the National Energy Policy. In particular, it establishes that Petróleo Brasileiro SA - Petrobras shall express its interest in participating as operator in the consortiums formed for the exploitation and production of oil plants to be contracted within thirty days, counted from the day of publication of the National Council Resolution on Energy Policy - CNPE which will contain the technical and economic parameters of the oil plants to be contracted under the production sharing regime.
Date of text
Entry into force notes
This Decree enters into force on the day of its publication.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Decreto n. 9.041, de 2 de Maio de 2017 - Regulamenta a Lei n. 12.351, de 22 de dezembro de 2010, para dispor sobre o direito de preferência da Petróleo Brasileiro S.A. - Petrobras atuar como operadora nos consórcios formados para exploração e produção de blocos a serem contratados sob o regime de partilha de produção.