Overview:

Summary
 
 This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the natural gas assets (gas fields, pipelines, LNG terminals and underground gas storage facilities) in Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020. The report also analyses the fiscal regime relevant to the natural gas assets in Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 and compares the investment environment in Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 with other countries in the region. The profiles of the major companies operating in the natural gas sector in Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 together with the latest news and deals are also included in the report.
 
 Scope
 
 - Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1995-2020.
 - Historical and forecast data and information for all the major gas fields, LNG Terminals, pipelines and underground gas storage facilities in Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
 - Operator and equity details for major natural gas assets in Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020
 - Key information relating to market regulations, key energy assets and the key companies operating in the Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s energy industry.
 - Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
 - Information on the top companies in the Brazil Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 including business description, strategic analysis, and financial information.
 - Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
 - Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.
 
 Reasons to buy
 
 - Gain a strong understanding of the country’s energy market.
 - Facilitate market analysis and forecasting of future industry trends.
 - Evaluate the attractiveness of the geography for gas investment in the light of government policies and the fiscal environment.
 - Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
 - Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream gas assets.
 - Assess your competitor’s major natural gas assets and their performance.
 - Analyze the latest news and financial deals in the gas sector of each country.
 - Develop strategies based on the latest operational, financial, and regulatory events.
 - Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
 - Identify and analyze the strengths and weaknesses of the leading companies in the country.

 1 Table of Contents 2
 1.1 List of Tables 9
 1.2 List of Figures 11
 2 Brazil Energy Sector 12
 2.1 Brazil Energy Sector, Market Overview 12
 2.2 Brazil Energy Sector, Natural Gas 13
 2.2.1 Brazil Natural Gas, Overview 13
 2.2.2 Brazil Natural Gas, Supply and Demand Balance 13
 2.2.3 Brazil Natural Gas Regulatory Structure 19
 2.2.4 Brazil Natural Gas, Infrastructure 19
 3 Brazil Petroleum Fiscal Regime 20
 3.1 Brazil Petroleum Fiscal Environment 20
 3.2 License Terms 20
 3.3 Key Fiscal Terms 21
 3.4 Sample Cashflows Calculations 28
 4 Brazil Gas Upstream Investment Environment Benchmarking 29
 4.1 Introduction 29
 4.2 The Overall Ranking 29
 4.3 Upstream Fiscal Attractiveness 30
 4.3.1 Maximum Government Take Index 31
 4.3.2 Maximum State Participation Index 31
 4.3.3 Domestic Market Obligation Index 31
 4.4 Gas Sector Performance 32
 4.4.1 Exploration Activity 34
 4.4.2 Gas Production 35
 4.4.3 Gas Reserves 35
 4.4.4 Gas Consumption 36
 4.5 Economic Performance 36
 4.5.1 GDP Growth Index 38
 4.5.2 FDI Confidence Index 38
 4.5.3 Balance of Trade Index 38
 4.6 Socio-Political Performance 38
 4.6.1 Democracy Index 40
 4.6.2 Governance Index 40
 5 Brazil Exploration and Production Sector 41
 5.1 Brazil Exploration and Production Sector, Country Snapshot 41
 5.1.1 Brazil Exploration and Production Sector, Key Data 41
 5.1.2 Brazil Exploration and Production Sector, Natural Gas Assets Map 41
 5.2 Brazil Exploration and Production Sector, Marketed Natural Gas Production 42
 5.2.1 Brazil Exploration and Production Sector, Marketed Natural Gas-Historical Production 42
 5.2.2 Brazil Exploration and Production Sector, Marketed Natural Gas Production by Assets 43
 5.2.3 Brazil Exploration and Production Sector, Marketed Equity Weighted Natural Gas Production by Company 43
 5.2.4 Brazil Exploration and Production Sector, Market Share (%) based on Marketed Natural Gas Production 45
 5.3 Brazil Exploration and Production Sector, Marketed Natural Gas Forecasts 46
 5.3.1 Brazil Exploration and Production Sector, Marketed Natural Gas Forecasted Production 46
 5.3.2 Brazil Exploration and Production Sector, Gross Revenue Forecast 46
 5.3.3 Brazil Exploration and Production Sector, Government Take Forecast 47
 5.3.4 Brazil Exploration and Production Sector, Contractor Take Forecast 47
 5.4 Brazil Exploration And Production Sector, Natural Gas Asset Details 48
 5.4.1 Brazil Exploration And Production Sector, Active Natural Gas Asset Details 48
 5.4.2 Brazil Exploration And Production Sector, Planned Natural Gas Asset Details 48
 6 Brazil Pipeline Sector 49
 6.1 Brazil Pipeline Sector, Key Data 49
 6.2 Brazil Pipeline Sector, An Overview 49
 6.3 Brazil Pipeline Sector, Comparison of Key Natural Gas Pipeline Companies 49
 6.4 Brazil Pipeline Sector, Natural Gas Pipelines 51
 7 Brazil LNG Sector 54
 7.1 Brazil LNG Sector, Key Data 54
 7.2 Brazil LNG Sector, Liquefaction 54
 7.2.1 Brazil LNG Sector, Liquefaction, Total Liquefaction Capacity 54
 7.2.2 Brazil LNG Gas Sector, Liquefaction, Market Share By Company 55
 7.2.3 Brazil LNG Sector, Asset- Wise Liquefaction Capacity 56
 7.3 Brazil LNG Sector, Regasification 57
 7.3.1 Brazil LNG Sector, Regasification, Total Regasification Capacity 57
 7.3.2 Brazil LNG Gas Sector, Regasification Capacity- Wise (Bcf) Market Share By Company 58
 7.3.3 Brazil LNG Sector, Asset- Wise Regasification Capacity 59
 8 Profile Of Petroleo Brasileiro S.A. 60
 8.1 Petroleo Brasileiro S.A., Key Information 60
 8.2 Petroleo Brasileiro S.A., Company Overview 60
 8.3 Petroleo Brasileiro S.A., Business Description 60
 8.3.1 Petroleo Brasileiro S.A., Business Description, Business Overview 60
 8.3.2 Petroleo Brasileiro S.A., Business Description, Distribution 60
 8.3.3 Petroleo Brasileiro S.A., Business Description, Exploration and Production 61
 8.3.4 Petroleo Brasileiro S.A., Business Description, Gas and Energy 63
 8.3.5 Petroleo Brasileiro S.A., Business Description, International 64
 8.3.6 Petroleo Brasileiro S.A., Business Description, Supply 65
 8.4 Petroleo Brasileiro S.A., Value Chain Analysis 67
 8.4.1 Petroleo Brasileiro S.A., Value Chain Analysis, Upstream 67
 8.4.2 Petroleo Brasileiro S.A., Value Chain Analysis, Midstream 68
 8.4.3 Petroleo Brasileiro S.A., Value Chain Analysis, Downstream 69
 8.4.4 Petroleo Brasileiro S.A., Value Chain Analysis, Retail 70
 8.5 Petroleo Brasileiro S.A., SWOT Analysis 70
 8.5.1 Petroleo Brasileiro S.A., SWOT Analysis, Overview 70
 8.5.2 Petroleo Brasileiro S.A., SWOT Analysis, Strengths 71
 8.5.3 Petroleo Brasileiro S.A., SWOT Analysis, Weaknesses 72
 8.5.4 Petroleo Brasileiro S.A., SWOT Analysis, Opportunities 73
 8.5.5 Petroleo Brasileiro S.A., SWOT Analysis, Threats 73
 8.6 Petroleo Brasileiro S.A., Revenue Analysis 74
 8.6.1 Petroleo Brasileiro S.A., Revenue by Segment 74
 8.6.2 Petroleo Brasileiro S.A., Revenue by Geography 75
 8.7 Petroleo Brasileiro S.A., Financial and Operational Review 76
 8.7.1 Financial Statements 76
 8.7.2 Financial Ratios 77
 9 Profile of Royal Dutch Shell Plc 78
 9.1 Royal Dutch Shell Plc, Key Information 78
 9.2 Royal Dutch Shell Plc, Company Overview 78
 9.3 Royal Dutch Shell Plc, Business Description 78
 9.3.1 Royal Dutch Shell Plc, Business Description, Overview 78
 9.3.2 Royal Dutch Shell Plc, Business Description, Chemicals 79
 9.3.3 Royal Dutch Shell Plc, Business Description, Corporate and Others 80
 9.3.4 Royal Dutch Shell Plc, Business Description, Exploration and Production 80
 9.3.5 Royal Dutch Shell Plc, Business Description, Gas and Power 82
 9.3.6 Royal Dutch Shell Plc, Business Description, Oil Products 84
 9.3.7 Royal Dutch Shell Plc, Business Description, Oil Sands 85
 9.4 Royal Dutch Shell Plc, Value Chain Analysis 87
 9.4.1 Royal Dutch Shell Plc, Value Chain Analysis, Upstream 87
 9.4.2 Royal Dutch Shell Plc, Value Chain Analysis, Midstream 88
 9.4.3 Royal Dutch Shell Plc, Value Chain Analysis, Retail 89
 9.4.4 Royal Dutch Shell Plc, Value Chain Analysis, Power Generation 89
 9.4.5 Royal Dutch Shell Plc, Value Chain Analysis, Transformation 90
 9.5 Royal Dutch Shell Plc, SWOT Analysis 91
 9.5.1 Royal Dutch Shell Plc, SWOT Analysis, Overview 91
 9.5.2 Royal Dutch Shell Plc, SWOT Analysis, Strengths 91
 9.5.3 Royal Dutch Shell Plc, SWOT Analysis, Weaknesses 92
 9.5.4 Royal Dutch Shell Plc, SWOT Analysis, Opportunities 93
 9.5.5 Royal Dutch Shell Plc, SWOT Analysis, Threats 94
 9.6 Royal Dutch Shell Plc, Revenue Analysis 95
 9.6.1 Royal Dutch Shell Plc, Revenue by Segment 95
 9.6.2 Royal Dutch Shell Plc, Revenue by Geography 96
 9.7 Royal Dutch Shell plc, Financial and Operational Review 97
 9.7.1 Financial Statements 97
 9.7.2 Financial Ratios 98
 10 Profile of Repsol YPF, S.A 99
 10.1 Repsol YPF, S.A, Key Information 99
 10.2 Repsol YPF, S.A, Company Overview 99
 10.3 Repsol YPF, S.A, Business Description 99
 10.3.1 Repsol YPF, S.A, Business Description, Business Overview 99
 10.3.2 Repsol YPF, S.A, Business Description, Chemicals Segment 100
 10.3.3 Repsol YPF, S.A, Business Description, Exploration and Production Segment 101
 10.3.4 Repsol YPF, S.A, Business Description, Gas and Power Segment 102
 10.3.5 Repsol YPF, S.A, Business Description, Refining and Marketing Segment 103
 10.4 Repsol YPF, S.A, Value Chain Analysis 106
 10.4.1 Repsol YPF, S.A, Value Chain Analysis, Upstream 106
 10.4.2 Repsol YPF, S.A, Value Chain Analysis, Midstream 107
 10.4.3 Repsol YPF, S.A, Value Chain Analysis, Downstream 108
 10.4.4 Repsol YPF, S.A, Value Chain Analysis, Retail 108
 10.5 Repsol YPF, S.A, SWOT Analysis 109
 10.5.1 Repsol YPF, S.A, SWOT Analysis, Overview 109
 10.5.2 Repsol YPF, S.A, SWOT Analysis, Strengths 110
 10.5.3 Repsol YPF, S.A, SWOT Analysis, Weaknesses 111
 10.5.4 Repsol YPF, S.A, SWOT Analysis, Opportunities 111
 10.5.5 Repsol YPF, S.A, SWOT Analysis, Threats 113
 10.6 Repsol YPF, S.A, Revenue Analysis 114
 10.6.1 Repsol YPF, S.A, Revenue by Segment 114
 10.6.2 Repsol YPF, S.A, Revenue by Geography 115
 10.7 Repsol YPF, S.A, Financial and Operational Review 116
 10.7.1 Financial Statements 116
 10.7.2 Financial Ratios 117
 11 Financial Deals Landscape 118
 11.1 Detailed Deal Summary 118
 11.1.1 Acquisition 118
 11.1.2 Equity Offerings 121
 11.1.3 Partnerships 122
 11.1.4 Asset Transactions 126
 12 Recent Developments 139
 12.1 License Rounds 139
 12.1.1 Apr 03, 2009: Brazil's ANP To Hold 11th Oil Concession Round In 2009 139
 12.1.2 Mar 27, 2009: ANP To Offer Offshore Areas For 11th Oil And Gas Licensing Round 139
 12.2 Strategy and Business Expansion 140
 12.2.1 Mar 18, 2009: Petrobras To Construct LNG Import Terminal In Brazil 140
 12.3 Recent Discoveries 141
 12.3.1 May 18, 2009: Petrobras Finds Oil At 4BRSA708SPS Well In BM-S-3 Block In Brazil's Santos Basin 141
 12.3.2 May 11, 2009: Petrobras Finds Oil At 1BRSA718ES Well In Espirito Santo Basin, Brazil 141
 12.3.3 May 06, 2009: Petrobras Announces Discovery At ES-T-364 Block In Espirito Santo Basin, Brazil 142
 12.3.4 Apr 30, 2009: Petrobras Reports Oil Find At ES-T-372 Inland Block In Santo Basin To ANP 142
 12.3.5 Apr 28, 2009: Galp Energia Announces Oil Discovery At POT-T-521 Onshore Block In Potiguar Basin, Brazil 143
 12.3.6 Apr 16, 2009: Petrobras Finds Traces Of Oil In 1BRSA682ESS Well At Brazil’s Espirito Santo Basin 143
 12.3.7 Apr 14, 2009: Petrobras Announces Oil Discovery At BM-S-9 At Santos Basin, Brazil 143
 12.3.8 Apr 08, 2009: BG Group Encounters Hydrocarbons At Corcovado-1 Well In Santos Basin, Offshore Brazil 144
 12.3.9 Mar 30, 2009: Starfish Oil & Gas Finds Oil Traces In 1STAR11RN Well At Potiguar Basin, Brazil 144
 12.4 Drilling and Production Updates 145
 12.4.1 May 20, 2009: Petrobras' Brazil Oil Production Rises By 7.2% In April 2009 145
 12.4.2 May 20, 2009: Shell To Begin Production At Parque das Conchas Project In August 2009 146
 12.4.3 May 15, 2009: Petrobras Updates On Tupi Well In Santos Basin, Brazil 146
 12.4.4 May 01, 2009: BG Group Commences Production From BM-S-11 Concession In Santos Basin, Brazil 147
 12.4.5 Apr 30, 2009: Petrobras To Commence Production From Tupi Field In Santos Basin, Brazil 147
 12.4.6 Apr 24, 2009: Petrobras Updates On Oil And Gas Production In Brazil 147
 12.4.7 Apr 16, 2009: Petrobras To Pump First Oil From Its Tupi Field On May 1, 2009 148
 12.4.8 Mar 30, 2009: Chevron Expects Peak Production From Frade Field At Campos Basin In Brazil By 2011 149
 12.5 Financial Announcements 149
 12.5.1 May 13, 2009: OGX Reports Net Profit Of BRL147.6 Million In Q1 2009 149
 12.5.2 May 11, 2009: Petrobras Q1 2009 Net Profit Down 20% 150
 12.6 Other Significant Developments 153
 12.6.1 May 19, 2009: Petrobras Signs Funding Agreement Worth $10 Billion With CDB 153
 12.6.2 May 14, 2009: Petrobras Clarifies Pre-Salt Block Issues 153
 12.6.3 May 13, 2009: ANP Denies Petrobras' Santos Basin Blocks Extension 154
 12.6.4 May 05, 2009: Chevron To Drill Wells In Subsalt Region Of Brazil 154
 12.6.5 Apr 27, 2009: Petrobras To Conduct Tests At Offshore Tupi Field In Santos Basin, Brazil 155
 12.6.6 Apr 22, 2009: OGX Announces Changes In Senior Management 156
 12.6.7 Apr 16, 2009: Petrobras Looks For New Rigs, Advances On Its Five-Year Investment Plan 157
 12.6.8 Mar 27, 2009: Chevron Says Frade Field At Campos Basin In Brazil To Produce 90,000 Bod In 2011 158
 12.6.9 Mar 23, 2009: ANP To Accelerate Process For Oil And Gas Exploration Block Concessions 159
 13 Appendix 160
 13.1 Methodology 160
 13.1.1 Coverage 161
 13.1.2 Secondary Research 162
 13.1.3 Primary Research 162
 13.1.4 E&P Forecasts 162
 13.1.5 Midstream Forecasts 164
 13.1.6 Expert Panel Validation 164
 13.2 Contact Us 164
 13.3 About GlobalData 164
 13.4 Disclaimer 165
 
 1.1 List of Tables
 Table 1: Brazil, Historical and Forecasted Production and Consumption of Natural Gas, 1996-2020 14
 Table 2: Brazil, Historical and Forecasted Imports of Natural Gas, 1996-2020 16
 Table 3: Brazil, Reserves of Natural Gas, Billion Cubic Feet, 1996-2008 18
 Table 4: Brazil, License Rental Rates, 2007 22
 Table 5: Brazil, Special Participation (In Reais) in First Year, 2007 23
 Table 6: Brazil, Special Participation (In Reais) in Second Year, 2007 24
 Table 7: Brazil, Special Participation (In Reais) in Third Year, 2007 25
 Table 8: Brazil, Special Participation (In Reais) After Third Year, 2007 26
 Table 9: Brazil, Depreciation Rate in Oil And Gas Industry, 2007 27
 Table 10: South and Central America, Investment Benchmarking, Overall Country Rankings, 2008 29
 Table 11: South and Central America, Investment Benchmarking, Upstream Fiscal Attractiveness, 2008 30
 Table 12: South and Central America, Investment Benchmarking, Gas Sector Performance, 2008 32
 Table 13: South and Central America, Investment Benchmarking, Economic Performance, 2008 36
 Table 14: South and Central America, Country Standings, Economic Performance, 2008 37
 Table 15: South and Central America, Investment Benchmarking, Socio-Political Performance, 2008 39
 Table 16: South and Central America, Country Standings, Socio-Political Performance, 2008 39
 Table 17: Brazil, Natural Gas Key Statistics, 2008 41
 Table 18: Brazil, Total Marketed Natural Gas Production (MMcf), 2001-2008 42
 Table 19: Brazil, Marketed Natural Gas Production (MMcf), by Assets, 2001-2008 43
 Table 20: Brazil, Marketed Equity Weighted Natural Gas Production (MMcf), by Company, 2001-2008 43
 Table 21: Brazil, Market Share (%) based on Marketed Natural Gas Production, 2001-2008 45
 Table 22: Brazil, Marketed Natural Gas Production(MMcf), Forecast by Assets, 2009-2014 46
 Table 23: Brazil, Forecasted Assets-wise Gross Revenue(000'$), 2009-2014 46
 Table 24: Brazil, Projected Assets-wise Total Government Take(000'$), 2009-2014 47
 Table 25: Brazil, Projected Assets-wise Total Contractor Take(000'$), 2009-2014 47
 Table 26: Brazil, Active Gas Field Assets Details 48
 Table 27: Brazil, Planned Gas Field Assets Details 48
 Table 28: Brazil, Pipeline Key Statistics, 2008 49
 Table 29: Brazil, Natural Gas Pipelines Length By Company (Km), 2008 49
 Table 30: Brazil, Natural Gas Pipelines, 2008 51
 Table 31: Brazil, Natural Gas Pipelines, 2008 (Contd.) 52
 Table 32: Brazil, Natural Gas Pipelines, 2008 (Contd.) 53
 Table 33: Brazil, LNG Key Statistics, 2008 54
 Table 34: Brazil Liquefaction Capacity (Million Tonnes), 2000-2015 54
 Table 35: Brazil, Liquefaction Capacity, Company- Wise (Million Tonnes), 2000-2015 55
 Table 36: Brazil, Liquefaction Capacity (Million Tonnes), 2000-2015 56
 Table 37: Brazil Regasification Capacity (Bcf), 2000-2015 57
 Table 38: Brazil, Regasification Capacity, Company- Wise (Bcf), 2000-2015 58
 Table 39: Brazil Regasification Capacity (Bcf), 2000-2015 59
 Table 40: Petroleo Brasileiro S.A., Key Facts 60
 Table 41: Petroleo Brasileiro S.A., SWOT Analysis 71
 Table 42: Petroleo Brasileiro S.A., Revenue by Segment, USD Million, 2003-2007 74
 Table 43: Petroleo Brasileiro S.A., Revenue by Geography, USD Million, 2003-2007 75
 Table 44: Petroleo Brasileiro S.A., Financial Statements, USD Million, 2003-2007 76
 Table 45: Petroleo Brasileiro S.A., Financial Ratios, USD Million, 2003-2007 77
 Table 46: Royal Dutch Shell plc, Key Facts 78
 Table 47: Royal Dutch Shell plc, SWOT Analysis 91
 Table 48: Royal Dutch Shell plc, Revenue by Segment, USD Million, 2003-2007 96
 Table 49: Royal Dutch Shell plc, Revenue by Geography, USD Million, 2003-2007 96
 Table 50: Royal Dutch Shell plc, Financial Statements, USD Million, 2003-2007 97
 Table 51: Royal Dutch Shell plc, Financial Ratios, USD Million, 2003-2007 98
 Table 52: Repsol YPF, S.A., Key Facts 99
 Table 53: Repsol YPF, S.A., SWOT Analysis 109
 Table 54: Repsol YPF, S.A., Revenue by Segment, Euro Million, 2003-2007 114
 Table 55: Repsol YPF, S.A., Revenue by Geography, Euro Million, 2003-2007 115
 Table 56: Repsol YPF, S.A., Financial Statements, Euro Million, 2003-2007 116
 Table 57: Repsol YPF, S.A., Financial Ratios, Euro Million, 2003-2007 117
 Table 58: Petrobras Acquired Ipiranga Downstream Assets 118
 Table 59: VB (Brasil) Petroleo Private Acquires IBV Brasil Petroleo From EnCana 119
 Table 60: Soros Fund Management Acquires Majority Stake In Petroleo Brasileiro 120
 Table 61: OGX Petroleo Completes IPO For $4,116.73 Million 121
 Table 62: Mitsubishi Enters Into Joint Venture With Petrobras 122
 Table 63: CNOOC Enters Into Joint Venture With Petrobras 123
 Table 64: Reliance Industries To Enter Into Partnership With Petrobras 124
 Table 65: Mitsui Forms Joint Venture With Petroleo Brasileiro 125
 Table 66: OGX Petroleo e Gas Participacoes Acquires Additional 15% Stake In BM-S-29 Block 126
 Table 67: Petrobras And Queiroz Galvao To Acquire 18.3% Interest In Block BM-CAL-5 From Norse Energy 127
 Table 68: Ecopetrol To Acquire 50% Interest In BMC-29 Concession From Anadarko Petroleum 128
 Table 69: Royal Dutch Shell Sells Its 43% Stake In Brazil's Campos Basin Block BM-C-25 To Petroleo Brasileiro 129
 Table 70: Vale To Acquire 12.5% Stake In Two Gas Blocks From Woodside 130
 Table 71: StatoilHydro Acquires 50% Interest Peregrino Oil Field 131
 Table 72: Anadarko Petroleum Sells 25% Interest In Kaskida Unit And 50% Interest In Peregrino Field To StatoilHydro 132
 Table 73: INPEX Petroleo Santos To Acquire 20% Interest In Block BM-C-31 From Shell Brasil 133
 Table 74: Petro Vista Acquires 41.3% Working Interest In Tartaruga Block 134
 Table 75: Benchmark Energy Acquires BrazAlta's Espirito Santo Blocks 135
 Table 76: Petroleo Brasileiro To Acquire Stake In Two Oil And Gas Assets In Brazil 136
 Table 77: Brownstone Acquires Stake In On-Shore Blocks From Petro Vista 137
 Table 78: Park Place Energy Sells 51% Interest In BrasAm Diamond Project 138
 
 1.2 List of Figures
 Figure 1: Brazil, Energy Sector break-up, 2008 12
 Figure 2: Brazil, Natural Gas Production And Consumption, Billion Cubic Feet, 1996-2020 15
 Figure 3: Brazil, Natural Gas Imports, Billion Cubic Feet, 1996-2020 17
 Figure 4: Brazil, Natural Gas Reserves, Billion Cubic Feet, 1996-2008 18
 Figure 5: Brazil, Upstream Oil & Gas Fiscal Regime (Royalty/Tax), Sample Cashflows, 2005-2016 28
 Figure 6: South and Central America, Country Standings, Upstream Fiscal Attractiveness, 2008 31
 Figure 7: South and Central America, Country Standings, Gas Sector Performance, by Reserves-Exploration & Production, 2008 33
 Figure 8: South and Central America, Country Standings, Gas Sector Performance, by Production & Consumption, 2008 34
 Figure 9: South and Central America, Country Standings, Exploration Blocks Awarded, 2008 35
 Figure 10: South and Central America, Country Standings, Economic Performance, 2008 37
 Figure 11: South and Central America, Country Standings, Socio-Political Performance, 2008 40
 Figure 12: Brazil, Natural Gas Assets Map, 2008 41
 Figure 13: Brazil, Total Marketed Natural Gas Production (MMcf), 2001-2008 42
 Figure 14: Brazil, Marketed Equity Weighted Natural Gas Production (MMcf), by Company, 2001-2008 44
 Figure 15: Brazil, Market Share (%) based on Marketed Natural Gas Production, 2008 45
 Figure 16: Brazil, Natural Gas Pipelines Length By Company (Km), 2008 50
 Figure 17: Brazil Liquefaction Capacity (Million Tonnes), 2000-2015 55
 Figure 18: Brazil Liquefaction Capacity, Company- Wise (Million Tonnes), 2000-2015 56
 Figure 19: Brazil Regasification Capacity (Bcf), 2000-2015 57
 Figure 20: Brazil Regasification Capacity, Company- Wise (Bcf), 2000-2015 58
 Figure 21: Petroleo Brasileiro S.A., Value Chain Analysis 67
 Figure 22: Royal Dutch Shell plc, Value Chain Analysis 87
 Figure 23: Repsol YPF, S.A., Value Chain Analysis 106
 Figure 24: GlobalData Methodology 161