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Petrobras’s Natural Gas Monopoly Could Soon Be Over

By Xiu Ying, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Bento Albuquerque (Ministry of Mines and Energy) has announced that the federal government will open the natural gas market to competition. According to the minister, the fact that only the state-owned company Petrobras operates in most areas related to the import and production of gas is contrary to the interests of consumers.

“We see that this monopoly is not a healthy thing, particularly for the development of the sector and consumers,” said the minister in presenting the achievements and projects that the ministry delivered during the first . . .

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