Petrobras gets exemptions and adjustments from ANP for Libra pilot project

October 8, 2017 |

In Brazil, Petrobras was informed that it was exempt from complying with local content requirements for all parts of the hull and some parts of the plant for their Libra Pilot project. Petrobras is the operator of the Libra consortium and was notified by the National Petroleum, Natural Gas and Biofuels Agency (ANP) of its decision on their request to be exempt. ANP also notified Petrobras that it is adjusting the minimum commitments for other items of plant construction, installation and integration of modules.

According to World Oil, Petrobras considers the exemption a good sign for oil and gas industry competitiveness in Brazil. Petrobras also plans on working with its consortium partners to figure out the impact of the adjustments.

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