Royalties

ANP will consult the company about an agreement on the production of oil and gas by SIX

T&B Petroleum/Press Office ANP
22/10/2021 20:18
Visualizações: 1774 (0) (0) (0) (0)

The ANP Board of Directors approved yesterday (10/21) the holding of a public consultation and hearing, to obtain contributions from economic agents and other interested parties on the draft agreement to close the dispute involving the payment of royalties related to the production of oil and gas from at Petrobras' Shale Industrialization Unit (SIX), located in São Mateus do Sul, Paraná.

 

Shale is a sedimentary rock, with organic matter content in the form of kerogen, which only by heating (pyrolysis) can be converted into oil and gas. Petrobras, the only company to use shale for energy purposes in Brazil, concentrates its operations in the deposit located in São Mateus do Sul, processed at SIX, which has been in operation since 1972.

 

This year, after numerous technical discussions with the ANP, Petrobras confirmed its interest in consensually ending the disputes related to the collection of royalties and the regulatory regime related to shale mining activities through the payment in installments of R$ 559 million (to be updated until the signing of the agreement) and the execution of a concession contract, with a royalty rate of 5%.

 

The closure of disputes involving the collection of royalties on the production of oil and gas from shale and the signing of the concession contract will have a great regional socioeconomic impact, both in relation to the distribution of royalty amounts to the beneficiaries, as well as in the continuity of productive activities . The SIX unit is included in the term of commitment entered into by Petrobras with the Administrative Council for Economic Defense (CADE) and is included in the refining asset divestment program. Through public consultation and hearing, with the participation of society, the ANP gives transparency to this important agreement.

 

The amount to be paid corresponds to the following installments: a) royalties at the rate of 10% on production from December 2002 to November 2012; b) royalties at an additional 5% rate on production for the period from December 2012 until the date of signing the agreement and c) legal charges for registration in Active Debt.

 

The public hearing on the agreement will be held in the city of São Mateus do Sul, with the possibility of participating online, and will also be broadcast on the ANP's YouTube channel.

 

The draft of the agreement and other information on the matter will be published at https://www.gov.br/anp/pt-br/assuntos/consultas-e-audiencias-publicas.

 

History of controversy 

Law No. 9,478/1997 (Petroleum Law) does not mention the oil shale mining activity and the production of oil and gas from shale. Thus, there was doubt whether the rules for calculating and paying royalties based on the production of oil and gas provided for in the law would also apply to products from the mining and processing of oil shale. In 2012, after extensive discussion in the public administration, a conclusive understanding was reached that the payment of royalties on the production of oil and gas from shale would also be appropriate. In 2013 and 2014, the ANP charged Petrobras for the payment of royalties, levied on the production of oil and gas from the shale mining since December 2002. For not agreeing with the decision of the ANP, Petrobras filed lawsuits, with the purpose of voiding or reforming these royalty charges. In 2018, the judiciary suspended the legal proceedings, to enable understandings at the administrative level, aiming at the consensual solution of the dispute.

Most Read Today
see see
Results
Revap Achieves Historic Records in H1 with S10 Diesel an...
21/07/25
Solar Energy
Transpetro Inaugurates Solar Plant to Supply the Belém T...
21/07/25
Company News
Strohm completes successful field trials for Petrobras
16/07/25
Natural Gas
Gasmig: 39 Years of Energy, Innovation, and Commitment t...
16/07/25
Sustainability
Foresea earns Social Seal and reports significant result...
11/07/25
Results
Oil and Gas Sector Leads Dividend Distribution in 2024 w...
10/07/25
Natural Gas
Comgás Receives 41 Proposals in Public Call for Natural ...
10/07/25
People
Lucas Mota de Lima Appointed Executive Manager of ABPIP
10/07/25
Biomethane
Presidente Prudente (SP) Begins R$12 Million Biomethane ...
10/07/25
E&P
Hitachi Energy to evaluate electrification of offshore p...
10/07/25
Digitalization
TGS and Equinor Collaborate to Drive Digital Transformat...
10/07/25
People
Julia Cruz Appointed as New Secretary of Green Economy, ...
03/07/25
Sustainability
ABB among TIME’s World’s Most Sustainable Companies
03/07/25
Biofuels
Brazil Can Lead the Decarbonization of International Tra...
03/07/25
Pre-Salt
Oil States signs contracts to supply rigid jumpers for S...
03/07/25
Electric Energy
SMEs: Seven Tips for Joining the Free Energy Market
03/07/25
Energy Transition
CCEE Highlights Leadership in Energy Transition at EVEX ...
03/07/25
Award
WPC Energy Announces Vicki Hollub as Recipient of the Pr...
01/07/25
ANP
Final Results of the PRH-ANP 2025 Announced
01/07/25
Wind Energy
New Provisional Measure Will Not Be Enough to Counter Ha...
30/06/25
International
Oil discovery in the Johan Castberg area in the Barents Sea
30/06/25
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.