Brazil’s offshore Pre-Salt production has been well publicized and Brazil has overtaken Venezuela as the region’s largest oil producer. The natural gas sector, on the other hand, has not received as much attention. It represents perhaps not a new resource for Brazil’s energy matrix, but rather a new approach to the country’s energy sector and Brazil’s growing role in the global energy market. Indeed, “disruptors” both globally and domestically with regards to natural gas and the electric sector from deregulation and the rapidly-changing model for production and consumption of electricity are being grappled with in Brazil.
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