Brazil to hold 11th oil-rights sale May 14, 15, adds new blocks
BRASILIA Jan 23 (Reuters) - Brazil plans to hold its 11th-round auction of oil and natural gas rights on May 14 and 15 in Rio de Janeiro, restarting sales of exploration and production rights for the first time in five years, the Energy Ministry said on Wednesday.
The government also plans to add 117 areas to the auction, bringing the total amount of blocks to be offered to 289, Marco Antonio Martins Almeida, the ministry's oil and gas secretary told reporters in Brasilia.
- Malaysia Airlines plane missing at sea off Vietnam, presumed crashed |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Malaysian plane crashed off Vietnam coast: state media
- No signal picked up from missing Malaysia Airlines plane-Vietnam official