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Brazil: Petrobras sole pre-salt oil field operator

Description

On 1 December 2010, the Brazil's Lower House passed a law that makes the state-owned Petróleo Brasileiro SA (Petrobras) the sole pre-salt field operator in Brazil. On 22 December then, President Luiz ...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

23 Dec 2010

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

state-controlled

Affected Trading Partners

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Affected Sectors

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Affected Products

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