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5.3

Brazil pre-salt gas auction allocates 1.1M m³/day to five industrial sectors

Brazil's Ministry of Mines and Energy published guidelines for the first Union gas auction in the pre-salt, allocating 1.1 million m³/day to chemical, fertilizer, steel, mining, and ceramic sectors. The auction, set for October, aims to boost domestic industrial gas supply. This marks a step in Brazil's energy policy to expand gas market access, though the date and final terms remain pending.

Valor Econômico1 day agoBRCredibility 44%View source

Score Breakdown

Mosaic Score5.3
Confidence0.7
Significance0.5
Source credibility0.4

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Brazil

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countrymarket
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