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Brazil's energy ministry says it is discussing measures to increase government revenue

Brazil's energy ministry says it is discussing measures to increase government revenue

Reuters4 days ago

SAO PAULO, June 3 (Reuters) - Brazilian Mines and Energy Minister Alexandre Silveira met with officials from oil regulator ANP and state-run firm PPSA on Tuesday to discuss measures aiming at increasing government revenue in the oil and gas sector, his ministry said.
In a statement, the ministry said that the measures, which included new auctions, regulatory adjustments and changes in the model of oil sales by Brazil, would have the potential to increase revenue by about 35 billion reais ($6.21 billion) in the next two years.
($1 = 5.6387 reais)

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