Petrobras’ challenges in the development of the PreSalt reserves: is it the time for Brazil to adopt the International Energy Charter?
According to the International Energy Agency, Brazil plays a central role in meeting the world’s oil needs through to 2035, accounting for one-third of the net growth in global supply. At the centre of the country’s efforts to become one of the world’s largest oil producers is a highly complex and c...
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| Format: | Article |
| Language: | English |
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PUCPRESS
2016-01-01
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| Series: | Revista de Direito Econômico e Socioambiental |
| Subjects: | |
| Online Access: | https://periodicos.pucpr.br/index.php/direitoeconomico/article/view/5879 |
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| Summary: | According to the International Energy Agency, Brazil plays a central role in meeting the world’s oil needs through to 2035, accounting for one-third of the net growth in global supply. At the centre of the country’s efforts to become one of the world’s largest oil producers is a highly complex and capital-intensive deep-water project to develop its pre-salt basin oil reserves3. The purpose of this paper is to briefly present the pre-salt project and its production challenges – both economical and political – demonstrating the potential benefits of the adoption of the International Energy Charter for its development. |
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| ISSN: | 2179-345X 2179-8214 |