Brazil To Auction New Oil Concessions In 2013

From Google News

Brazil’s president has approved the auctioning of new oil concessions next year, subject to congressional approval of a new royalties law, authorities said.

“President Dilma Rousseff today approved an 11th round of auctions of oil blocks, which is to take place in May 2013 at a date to be set by ANP (National Petroleum Agency),” ANP said in a statement.

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© 2013 Energy Tribune

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