Tapping Brazil’s natural gas potential
Argentina’s Galileo aims to tackle the country’s lack of pipeline capacity through road tankers
Brazil’s natural gas sector is poised for profound change. After years of intense focus on the country’s enormous pre-salt oil reserves, the government is finally shifting its efforts towards the domestic gas market. State energy firm Petrobras has been tasked with leading the vanguard for change. The Brazilian company is in the process of radically shedding its gas portfolio, the result of an anti-competitiveness probe last year, a measure further supported by a raft of government reforms aimed at greater market participation and investment. But while Petrobras’ pipeline and infrastructure sales are among the highest-profile opportunities, international investors are already turning their
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Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
