Energy Tariffs Will See An Average Increase of 1.57% in 2019

Significant variations in PLD price forecasts and updating monthly projections of the GSF deficit, in addition to the US dollar, are factors that impact the estimate

Significant variations in PLD price forecasts and updating monthly projections of the GSF deficit, in addition to…
From the Media

Sep 25, 2018 - Reuters

Brazil’s state-run oil company Petrobras said its oil and gas production in August totaled 2.47 million barrels of oil equivalent per day, attributing the 5.1 percent decline from the previous month to closures for maintenance. It added, in a securities filing, that its production within Brazil amounted to 2.35 million barrels of oil equivalent.

Sep 25, 2018 - Agencia Brasil – EBC

Venezuela is not only retaining, but will expand its supply of electric energy directed at the northern Brazilian state of Roraima. The statement was made by Venezuelan President Maduro during a meeting with Roraima Governor Suely Campos last week in Caracas, where Maduro also expressed his intention of implementing a plan to repatriate Venezuelans planning to return to the country. According to Campos’s advisers, Maduro pledged to order “the immediate maintenance of Linhão de Guri [the transmission line connecting the hydroelectric plant in Venezuela to Roraima].” The statement came amid news that Venezuela threatened to interrupt the energy supply sent to Roraima.

Sep 25, 2018 - Interfax

Novatek’s Yamal LNG plant has shipped its first cargo to the Brazilian market, the company said on Monday. The cargo was delivered to the Bahia terminal owned by Petrobras.“Our LNG marketing strategy aims to diversify our supply geography and customer base,” Novatek Chief Executive Leonid Mikhelson said. “This shipment represents our first LNG cargo produced by our own production to the Latin American market, and confirms the viability of our logistical model and [the] unique geographical location of the Yamal LNG.

Sep 25, 2018 - Argus

Brazil's Mines and Energy Ministry proposed a price-based system to determine how quickly to increase the country's mandatory biodiesel blend from a current 10pc.The government plan, which was the subject of public hearings on 21 September, proposes increasing the blend by 1pc on 1 March 2019 if the biofuel is not cost-competitive with conventional diesel and by 2pc if the price of biodiesel is lower or if there is adequate supply. According to ministry calculations, the biodiesel price has been competitive with conventional diesel since 2014. If the proposal is approved by the national energy policy committee (CNPE), the blend will increase by a minimum of 1pc in March 2019.