Rate of royalties collected, when a mature field exceeds the forecast production window, may be reduced to up to 5%. Currently, 241 fields can be classified as mature and receive the incentive.pic.twitter.com/dPkZ4bR6WD
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Rate of royalties collected, when a mature field exceeds the forecast production window, may be reduced to up to 5%. Currently, 241 fields can be classified as mature and receive the incentive.pic.twitter.com/dPkZ4bR6WD
Interested companies must apply for the benefit. After the request, the National Agency of Petroleum, Natural Gas and Biofuels will decide about each case. More information about the new royalties resolution is available at: https://bit.ly/2y9xK5
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