New Hydrocarbon And Fuel Import And Export Rules Officially Suspended

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On March 3, 2021, the Resolution That Establishes the Goods Whose Import and Export Are Subject to Regulations Issued by the Ministry of Energy (the "Resolution") was officially suspended.
Brazil Energy and Natural Resources
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On March 3, 2021, the Resolution That Establishes the Goods Whose Import and Export Are Subject to Regulations Issued by the Ministry of Energy (the "Resolution") was officially suspended through a resolution published in the Federal Official Gazette by the Ministry of Economy and the Ministry of Energy (Secretaría de Energía, "SENER") in accordance with the precautionary measures ordered in the amparo proceeding 16/2021 (the "Suspension Resolution").

As mentioned in our previous Legal Update, the permitting regulations for the import and export of hydrocarbons and petroleum products that were originally published by the SENER on 2014 will continue to apply to all companies requesting permits before the SENER.

Furthermore, as mentioned in the second transitory article of the Suspension Resolution, this decision does not have permanent effects; the Resolution is only suspended until the amparo proceeding ends and the final judgement is published.

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New Hydrocarbon And Fuel Import And Export Rules Officially Suspended

Brazil Energy and Natural Resources
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
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