TOGY talks to
Ali Hage, oil and gas partner at Veirano
Advogados, about the strengths and weaknesses of Brazilian
regulations and laws, as well as what areas regulators should
address as the market develops further. Veirano Advogados is a law
firm providing services for companies operating in the domestic oil
and gas industry.
How has lhe regulatory and legal environment evolved regarding
the oil and gas industry?
lt's been such a valuable opportunity for the govemment to
implement changes that would have been impossible in other
sítuations. We have seen new laws being enforced. We have
seen ethics and complance become non-negotiable. Even if
politicians or publicly owned companies don't agree with
something in particular concerning efforts to avoid corruption, no
one can be seen now as being against these directives (...)
