The ANP published today (11/30) a resolution that consolidates all the normative acts that established monthly minimum oil prices and reference prices for oil and natural gas, adopted for the calculation of government participation (such as royalties and special participation) .

The measure complies with Decree No. 10,139, of November 28, 2019, which provides for the review and consolidation of normative acts below the decree. The new resolution consolidates and expressly revokes about 370 normative acts published between 1998 and 2019, the year in which these prices started to be fixed by order of the superintendent.

With the consolidation, the ANP continues its work of reviewing and consolidating normative acts, started before the determination by decree, generating the simplification of its regulatory stock.

Minimum oil prices and reference prices for oil and natural gas are adopted by the ANP to calculate the shares due 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. For more information on this calculation, visit the government participation page on the ANP website.

+See ANP Resolution No. 834/2020, published today in the Federal Official Gazette.