Brazil’s Energy Minister on Monday named a new head to the country’s oil and gas regulatory agency while pledging to publish new rules on sale of development rights in the pre-salt region by the end of the year. Energy Minister Fernando Coelho Filho said the new General-Director of the National Petroleum Authority (ANP) will be Décio Oddone, a former Petrobras director and now head of private logistics firm Prumo Logística. Oddone will replace Magda Chambriard, whose term as ANP chief expires in November. The nomination is part of a government plan to expand the presence of executives with private enterprise experience in regulatory agencies. Another part of the strategy is to fill regulatory posts quickly. Under previous administrations, regulatory appointments often languished for months. Coelho also told reporters on Monday that the government will release new rules on auctions of pre-salt oil and gas blocks by the end of this year. The rules changes follow passage of legislation opening the door to more private participation in development of the pre-salt region. The first auction of pre-salt rights is due in 2017.
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