Auction of the Sepia and Atapu areas, in the Transfer of Rights, will be in November, says minister

( Reuters) The government will again offer in November 2021, the oil and natural gas areas of Sépia and Atapu, Transfer of Rights Assignment, in the Santos Basin pre-salt, said the minister of Mines and Energy, Bento Albuquerque.

“We worked all year 2020 on the recommendations of the Federal Court of Accounts … following the schedule we established”, he said, in a video interview.

“The opportunity cost for us not to hold this auction is around 18 billion reais a year,” added Albuquerque.