Petrobras Gas Release Meeting Is Cancelled

Petrobras was scheduled to participate in a meeting at the Planalto Palace on 8 September to discuss the new natural gas law. The session was scheduled for 17:00 and was later cancelled at 15:10.

Minister Miriam Belchior called the meeting, which included Minister Alexandre Silveira, Bruno Moretti, and Petrobras head Magda Chambriard. The agenda centred on regulations for the gas law and the gas release programme proposed by Brazil's oil regulator ANP to reduce the company's monopoly in the sector.

Petrobras opposes the measure. According to a senior executive at the state-run company, leadership expected the meeting would begin to bury the gas release plan, leaving supporter Alexandre Silveira isolated.