Brazil has called for expressions of interest in a consultancy contract that seeks proposals for an overhaul of oil and gas market rules. The winning bidder will develop a long-term plan for the commercialization of hydrocarbons via an independent body, according to the energy ministry.
Centrais Elétricas Brasileiras SA (Eletrobras) is a mixed-capital company controlled by the Brazilian government, constituted by Law no. 3,890-A, of April 25, 1961. Since its creation, Eletrobras has contributed to the expansion of energy supply Development of the country.
Brazil: President Michel Temer's government launched a multibillion-dollar plan to auction off oil, power rights and infrastructure concessions, in an attempt by the new government to bolster private investment in a moribund economy.
The government will sell operating licenses for airports in the cities of Porto Alegre, Salvador, Florianopolis and Fortaleza by the first quarter of 2017. It also plans to sell rights to operate federal roads in the center-west and south regions later next year.