Is Brazil Competitive in a Regional & Global Context?

Brazil’s energy and mining industries are facing new challenges. The decline in global commodity prices and new investment opportunities around the world are leading to more intense competition for capital. In the oil and gas sector, the US shale revolution and Mexican energy reform have opened up new investment opportunities as the collapse in oil prices is leading many companies to rein in spending. Mining companies are also tightening their budgets in response to the decline in prices of metals and minerals. In an effort to attract investment in this new environment, some governments are offering stronger fiscal incentives and revising regulations.

This roundtable discussion, organized by the Inter-American Dialogue, Universidade Federal Rio de Janeiro, and Instituto Brasileiro de Petróleo, will focus on Brazil’s ability to compete for investment in the current global and Latin American context. Participants will discuss Brazil’s regulatory environment, local content rules and fiscal policies for the energy and mining sectors. The half-day roundtable will be preceded by an opening night dinner for speakers and select guests.

For more information or to request an invitation, please contact energy@thedialogue.org.

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ENERGY & RESOURCES COMMITTEE

8:30 AM–9:00 AM         Breakfast & Registration

9:00 AM–9:15 AM         Introduction & Welcome Remarks

Edmar Almeida, Professor, Institute of Economics, Universidade Federal Rio de Janeiro
Lisa Viscidi, Energy, Climate Change & Extractive Industries Program Director, Inter-American Dialogue

9:15 AM–10:30 AM         Panel 1: Investment in the regional and global context

Seth Kleinman, Head of Energy Strategy, Citigroup
Ramón Espinasa, Lead Oil & Gas Specialist, Inter-American Development Bank; Senior Fellow, Inter-American Dialogue
David Wilson, Director – Metals Research and Strategy, Citigroup

10:30 AM–10:45 AM         Coffee Break

10:45 AM–12:00 PM         Panel 2: Challenges and opportunities for Brazil

Pål Eitrheim, Senior Vice-President for South America & Brazil Country Manager, Statoil 
Paulo Corrêa, Secretary for Economic Affairs, Ministry of Finance, Brazil
Luiz Mello, Executive Director for Technology and Innovation, Vale

12:00 PM         Closing Remarks

Milton Costa Filho, Executive Secretary, Instituto Brasileiro de Petróleo