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CNPE sets at R$ 6.82 billion the bonus that will be paid to the Union in a new pre-salt auction

 

The National Energy Policy Council (CNPE) set the amount of the signing bonus to be paid to the Union by the winners of the 5th round of pre-salt blocks bidding at R $ 6.82 billion.

The auction is scheduled for September 28 and will offer four areas. The signature bonus is paid for the right to explore these fields.

In the auction, the blocks named Saturn, Titã, Pau-Brasil and Sudoeste de Tartaruga Verde will be offered, located in the Campos and Santos basins, within the Pre-salt Polygon and in a declared strategic area.

The auction will be in the production-sharing model, which is used in pre-salt areas and provides that the winner will deliver part of the production of the oil fields to the Union.

The minimum percentage of oil surplus to be destined to the Union is 9,56% for Saturn; 5.8% on Titan; 24.82% for the Pau-Brazil area and 10.01% for the Southwest of the Tartaruga Verde.

TCU Decision

The Saturn area was scheduled to be tendered in the 4th round of the pre-salt auction scheduled for June, but the block was withdrawn following a recommendation from the Union Court of Audit (TCU).

Together with Saturn will be tendered two areas that were excluded by the TCU from the oil and gas auction held on March 29.

Court analysis pointed out that it would be more advantageous for the government to have the areas bid with the Saturn block under the sharing regime.

According to the Ministry of Mines and Energy, the 4th Annual Production Sharing Round will be held on June 7th, which will offer the areas named Itaimbezinho, Três Marias, Dois Irmãos, Uirapuru in the Campos and Santos basins.

Source: G1

Categories: Uncategorized

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