TOGY talks to Ali Hage, oil and gas partner at Veirano Advogados, about the strengths and weaknesses of Brazilian regulations and laws, as well as what areas regulators should address as the market develops further. Veirano Advogados is a law firm providing services for companies operating in the domestic oil and gas industry.
How has lhe regulatory and legal environment evolved regarding the oil and gas industry?
lt's been such a valuable opportunity for the govemment to implement changes that would have been impossible in other sítuations. We have seen new laws being enforced. We have seen ethics and complance become non-negotiable. Even if politicians or publicly owned companies don't agree with something in particular concerning efforts to avoid corruption, no one can be seen now as being against these directives (...)
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