The Outlook for Oil and Gas in Brazil

Brazil has among the largest oil and gas reserves in the Western Hemisphere and one of the most important under explored oil basins in the world. However, the energy sector has been plagued in recent years by low oil prices, stagnant production and mounting debts at state company Petrobras. The Temer government has sought to boost oil production by eliminating barriers to private investment and introducing reforms at Petrobras, but with presidential elections on the horizon, the political scenario is uncertain. What is the outlook for Brazil’s oil and gas sector? How will recent reforms affect upstream bid rounds planned for this year? 

Speakers:

• Decio Oddone, General Director, National Petroleum, Natural Gas and Biofuels Agency (ANP) – @Decio_Oddone
• Jorge Camargo, President, Brazilian Petroleum, Gas and Biofuels Institute (IBP); Former member of Petrobras Executive Board 
• Jed Bailey, Managing Partner, Energy Narrative; Former Vice President at IHS – @EnergyNarrative

Moderator:

• Lisa Viscidi, Director, Energy, Climate Change & Extractive Industries Program, Inter-American Dialogue – @lviscidi

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