New regulation for the oil sector: a salty debate

Resumo

Four draft laws being considered would radically change the regime of oil exploration and production. But legislators are more interested in discussing royalty issues than in confronting the possibility of even more government control of the economy. A new state-owned company, Petro-Sal, would have veto power over operational decisions, and Petrobras itself is also a big winner. Liliana Lavoratti reports.