The National Energy Policy Council (CNPE) approved this Tuesday (February 18) the inclusion of the Hematita, Siderita, Limonita, and Magnetita blocks for bidding under the production sharing regime in the Permanent Offer system of the National Agency of Petroleum, Natural Gas, and Biofuels (ANP).

For these blocks, the expected government revenue exceeds R$ 522 billion over the lifetime of the projects, including R$ 923 million in signing bonuses, which may be collected as early as 2025, and an estimated R$ 511 billion in investments over the period. Interim President of PPSA, Tabita Loureiro, participated in the meeting along with Lucas Ribeiro, Chief of Staff of the Presidency, and Artur Watt, Legal Consultant of the company.

Minister of Mines and Energy, Alexandre Silveira, emphasized that the decision strengthens the strategy of ensuring the country's energy security. "The inclusion of these blocks under the production sharing regime is a strategic step to ensure the regularity of oil auctions, guaranteeing robust investments, job creation, and significant revenues for the Federal Government. This is another achievement under the Potencializa E&P program, demonstrating the Federal Government’s commitment to expanding opportunities in the sector and ensuring Brazil’s energy supply," he stated.

The four blocks are located in the pre-salt polygon, specifically in the Campos Basin, within the states of Rio de Janeiro and Espírito Santo. They join the twenty-four blocks previously authorized by CNPE. As a result, the upcoming auction, scheduled for June, could become the largest ever held under the production sharing regime in terms of the number of blocks available.