Global Trade Alert
Global Trade Alert

Brazil: Petrobras sole pre-salt oil field operator

Announcement

01 Dec 2010

In December 2010, the government of Brazil announced changed rules for foreign investors.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Dec 2010

Revocation date:

No revocation date

Updated: 01 Dec 2010
FDI: Entry and ownership rule In force
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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