Brazil pushes shale gas development

30 January 2013

Justin Jacobs, LONDON: BRAZIL is set to hold its first shale-gas licensing round this year after president Dilma Rousseff called on the country to step up onshore gas development. The call came as droughts strained Brazil's hydro-dependent electricity sector, threatening energy shortages. A shale-focused licensing round will take place on 11-12 December, the Ministry of Mines and Energy said in a 23 January statement, though it did not provide any further details. Brazil is already holding two licensing rounds this year, the first since 2008. The long-delayed 11th round, which will include 289 blocks, both on- and offshore is scheduled for 14-15 May. The 12th round, which will feature pre-salt acreage, is due to be held on 28-29 November. Brazil has been considering unconventional gas development since a number of initial studies pointed to potentially huge shale-gas...



Please log in to read the rest of this article.

Note: If you subscribe to Petroleum Economist and wish to read this article, you will need to upgrade your subscription to include PE Unconventional. Please contact Alastair Noakes on +44 (0) 207 779 8007 for full details.

New to Petroleum Economist? Take advantage of one week's free access - register here



 

Login here


You  must login to read the rest of the article


Login

Join us now


Gain 7 days FREE access when you register now


Join here

Related Articles