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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