Royalties

ANP Discusses Proposal to Revise Rules on Oil Price Calculation for Governmental Shares

The full public hearing is available on the Agency's YouTube channel.

T&B Petroleum/Press Office ANP
07/03/2024 23:00
ANP Discusses Proposal to Revise Rules on Oil Price Calculation for Governmental Shares Imagem: Disclosure Visualizações: 3075 (0) (0) (0) (0)

Yesterday (6/3), the Public Hearing No. 18/2023 was held virtually and broadcasted on ANP's YouTube channel, concerning the proposal to amend Resolution ANP No. 874/2022. This regulation establishes the criteria for setting the reference price of oil, which is used in the calculation of government shares (royalties and special participation).

In her opening remarks at the hearing, Director Symone Araújo (pictured) spoke about the importance of the topic discussed during the event for society.

"In 2023, with an average equivalent production of 4.3 million barrels per day, R$ 53.6 billion in royalties and R$ 38.7 billion in special participation were distributed to states, municipalities, and the Union. These numbers demonstrate the unequivocal relevance of the impact of the calculation and distribution of government shares, activities attributed to the ANP which, legally, indirectly represent a point of support and development for numerous public policies in the country, across the three federal entities," said the director.

The draft resolution discussed today was subjected to a public consultation for 45 days, during which 30 contributions were received from stakeholders interested in the topic. The proposal presents regulatory changes compared to the one presented at Public Hearing No. 24/2022. Modifications were made, such as the incorporation of temporary commands and the replacement in the reference price quotation of heavy derivatives, which led to the holding of a new phase of social participation through the public consultation followed by the public hearing held today.

The reference prices of oil and natural gas are adopted by ANP to calculate the dues owed to the Union, states, and municipalities by oil and gas producers, along with other variables such as the production of oil fields and the current exchange rate.

Watch the full broadcast of Public Hearing No. 18/2023.

Most Read Today
see see
Agreement
Wärtsilä Lifecycle agreement renewed to maintain safe, r...
22/10/25
Petrobras
Petrobras receives operating license for deepwater explo...
20/10/25
Equatorial Margin
License Grant for Drilling in the Equatorial Margin Is P...
20/10/25
Equatorial Margin
ABESPetro Statement on the Licensing of the Equatorial M...
20/10/25
Energy Transition
BNDES, Petrobras, and Finep select Valetec to manage the...
20/10/25
Pre-Salt
Petrobras and PPSA sign equalization agreement for Jubar...
20/10/25
WPC Energy Youth Forum
Kuwait to Host 8th WPC Energy Youth Forum in October 2025
20/10/25
Exports
Petrobras signs contract to sell six million barrels of ...
20/10/25
Petrobras
Petrobras puts the Harpia supercomputer into operation
10/10/25
PPSA
PPSA Publishes Notice for the Non-Contracted Areas Auction
10/10/25
ROG.e
IBP Launches the New ROG.e: The World’s Largest Energy F...
10/10/25
Pre-Salt
CNPE Sets Minimum Value of BRL 10.2 Billion for the Unio...
08/10/25
Natural Gas
Petrobras Carries Out First Natural Gas Import from Arge...
08/10/25
Agreement
Seagems renews Wärtsilä Lifecycle Agreement to support t...
07/10/25
Pre-Salt
Petrobras begins contracting for the construction of FPS...
03/10/25
International Company News
Alkhorayef Petroleum Company acquires GRC Technologies, ...
01/10/25
Pre-Salt
FPSO P-78 arrives at the Búzios Field
01/10/25
RD&I
Brazil Has the Capacity to Develop Its Own Technology fo...
01/10/25
Equatorial Margin
Ibama Approves Pre-Operational Assessment (APO) Conducte...
26/09/25
Sustainable Aviation
Embraer Advances SAF Studies Following Acquisition of Bi...
26/09/25
International Company News
ExxonMobil Guyana Expands Capacity With Seventh Offshore...
24/09/25
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.