Law No. 12.734 amending Law No. 9.478 and Law No. 12.351 and establishing new royalties for oil, natural gas and other hydrocarbons exploitation. Country/Territory Brazil Document type Legislation Date 2012 Source FAO, FAOLEX Subject Energy, Mineral resources Keyword Energy conservation/energy production Policy/planning Oil Natural gas Royalties/fees Legal proceedings/administrative proceedings Geographical area Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic Entry into force notes This Law enters into force on the day of its publication. Abstract This Law amends Law No. 9.478 and Law No. 12.351 and establishes new royalties for oil, natural gas and other hydrocarbons exploitation. Several amendments deal with royalties and financial procedures, specifying the payment regime of royalties due to production of oil, natural gas and other liquid hydrocarbons approved by Law No. 9.478, Law No. 12.351. Full text Portuguese Website www.planalto.gov.br References - Legislation Amends Law No. 9.478 on the National Energy Policy. Legislation | Brazil | 1997 (2018) Keyword: Basic legislation, Energy conservation/energy production, Policy/planning, Institution, Oil, Natural gas, Fuelwood, Concession, Contract/agreement, Pollution control Source: FAO, FAOLEX Law No. 12.351 on the exploitation and production of oil, natural gas and other liquid hydrocarbons, and amending the National Energy Policy. Legislation | Brazil | 2010 Keyword: Energy conservation/energy production, Policy/planning, Oil, Natural gas, Concession, Special fund, Mining, Legal proceedings/administrative proceedings, Authorization/permit Source: FAO, FAOLEX