Tapping Brazil’s natural gas potential

Brazil’s natural gas sector is poised for profound change.  After years of intense focus on the country’s enormous pre-salt oil reserves, the government is finally shifting its efforts towards the domestic gas market.

State energy firm Petrobras has been tasked with leading the vanguard for change. The Brazilian company is in the process of radically shedding its gas portfolio, the result of an anti-competitiveness probe last year, a measure further supported by a raft of government reforms aimed at greater market participation and investment.

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