Delay in issuing environmental licenses may affect the ANP auction result

With the main items on the agenda of the oil sector – including the end of Petrobras’ obligation as a pre-salt operator, the flexibilization of local content requirements and government signaling of the extension of the special customs regime Repetro – Companies in the sector now fall on environmental licensing. In the opinion of experts, the environmental license risk may affect the outcome of the 14th round of bids, scheduled for September 27.