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ARTICLE · 30 JANUARY 2013

Preliminary Tender Protocol Of Brazil Round 11 Is Published

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The Brazilian National Agency of Petroleum, Natural Gas and Biofuels published, on January 24, the Preliminary Tender Protocol of the Brazil Round 11.

BrazilEnergy and Natural Resources

Keywords: preliminary tender protocol, Brazil Round 11

The Brazilian National Agency of Petroleum, Natural Gas and Biofuels ("ANP") published, on January 24, the Preliminary Tender Protocol of the Brazil Round 11. As expected, the round will be held on May 14 and 15 of this year, when a total of 172 blocks will be offered, half of which are onshore and half offshore.

The document is still a preliminary version of the definitive Tender Protocol, which will be published on March 11 after a short period of public consultation that will end on February 4. The document, however, anticipates the rules that will apply to the round and is accompanied by the draft of the concession contract.

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