Global Trade Alert
Global Trade Alert

Brazil: Reduces local content requirements for oil and gas projects

Announcement

11 Apr 2017

The Government of Brazil announced new local-content requirements which are less onerous.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

09 May 2017

Revocation date:

No revocation date

Updated: 11 Apr 2017
Local content requirement In force

On May 9, 2017, the National Energy Policy Council of Brazil published Resolution No. 7 approving the local content commitments for the bidding rounds under concession and production sharing regime...

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