The board of the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved this Thursday, 28, the holding of a public consultation for 45 days, and a subsequent public hearing, on the draft resolution that deals with the review of the payment to owners of land where oil and natural gas are explored.
The objective is to make the current percentage of 1% of the gross revenue from production flexible to 0.5% and 1%, in order to attract more investments to the segment. Payment is made monthly.
In 2021, R$144.5 million was paid to landowners, referring to 1,619 contracts for fields located in the states of Alagoas, Amazonas, Bahia, Ceará, Espírito Santo, Maranhão, Rio Grande do Norte and Sergipe.
“The measure will have positive impacts on the attractiveness and economy of new areas to be offered in future bids. Fields currently in production and current land owners would not be impacted by this change”, says the ANP in a note.
The change follows the determinations of the program for Revitalization of the Exploration and Production of Oil and Natural Gas in Land Areas (Reate), created in 2019. The program determines that the increase in the competitiveness of the oil industry focused on onshore activities is promoted .
On November 24, 2020, the Reate – Rio Grande do Norte meeting was held, where it was proposed that the Collegiate Board of Directors of the ANP deliberate on reducing the percentage from 1% to 0.5% for payment of participation to landowners.
“As a result of the Regulatory Impact Analysis (AIR), the relevance of revising ANP Ordinance No. 143/1998 was verified, in order to make the definition of the payment rate due to the landowner under the terms of Law 9.478/1997 more flexible and to standardize the points currently omitted”, informed the ANP. “Specific improvements will also be made to the regulation to provide greater legal certainty for concessionaires and land owners,” he added.