New Gas Law

A unique milestone for the gas market in Brazil, the new law goes to presidential sanction

T&B Petroleum/Press Office Firjan
17/03/2021 17:16
A unique milestone for the gas market in Brazil, the new law goes to presidential sanction Imagem: Divulgation Visualizações: 762 (0) (0) (0) (0)

Approved on Tuesday night (3/16) conclusively in the Chamber of Deputies, Bill 4476/2020 is the new legal framework for natural gas. Now, he goes on to the presidential sanction, which should happen quickly allowing to expand the execution of undertakings of great relevance for the country. With the regulatory improvements in the new legislation, the volume of investments is expected to increase in the activities of the gas market until final consumption in industrial plants.

 

Firjan's study “Rio a Todo Gás” highlights the potential for expanding demand in the state of Rio de Janeiro, which should materialize with the new business environment. In addition to electricity generation projects, gas consumption may increase by up to 13 million m³ / day with the resumption of industrial activity, the implementation of CNG projects for heavy vehicles and the prospect of new industrial plants. The document also points to an investment amount of more than R $ 80 billion in Brazil.

 

The Federation of Industries of Rio de Janeiro evaluates that the projects, both already in progress and those with interest already mapped, should contribute to a more permanent recovery of the economy. In addition to expanding benefits to several sectors directly or indirectly linked to the natural gas market and transforming the industry in Rio de Janeiro.

Most Read Today
see see
ANP
In November, Brazil produced 4.921 million boe/d
07/01/26
Offshore Operations
Crew training and connectivity are the true enablers of ...
23/12/25
Recognition
IBP Wins the “Events Oscar” Once Again with ROG.e 2024
11/12/25
FIRJAN
Rio Could Generate 676,000 New Jobs by Stimulating Nine ...
11/12/25
Inland Navigation
Grease-Free Revolution in Latin America’s Workboat Sector
10/12/25
PPSA
Production-Sharing Contracts to Produce 2 Million Barrel...
10/12/25
Recognition
National Public Transparency Program Grants Transpetro I...
10/12/25
Logistics
Transpetro expands its logistics operations with the int...
09/12/25
Auction
PPSA raises around R$ 8.8 billion from the sale of the F...
08/12/25
PPSA
Petrobras announces results of PPSA’s Non-Contracted Are...
08/12/25
Niterói
Niterói concludes second edition of Tomorrow Blue Econom...
02/12/25
Recognition
ABS Consulting Earns Third Elev8 GovCon Honor for Excell...
22/11/25
Award
Aed Energy Wins at the 2025 Energy Storage Awards
22/11/25
Mossoró Oil & Gas Energy 2025
PetroSupply Meeting to Boost Business at Mossoró Oil & G...
21/11/25
Results
Union’s Oil Production Reached 174 Thousand Barrels per ...
21/11/25
International Company News
TGS Extends Agreement with the Government of the Federal...
21/11/25
Company News
Belga Marine and Global Maritime Announce Strategic Part...
21/11/25
Niterói
Tomorrow Blue Economy sets Niterói in motion in the coun...
13/11/25
Cop30
ANP Participates in the Event and Advances Measures for ...
13/11/25
FIRJAN
Enaex 2025 Discusses Reindustrialization, Brazil’s Compe...
13/11/25
Mossoró Oil & Gas Energy 2025
Mossoró Oil & Gas Energy to Feature Strategic Debates in...
13/11/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.