Rio de Janeiro enter in the Free Market for Natural Gas

Rio de Janeiro has officially entered the Natural Gas Free Market. According to Firjan data, for every million cubic meters/day of gas produced in Rio there is a potential to generate additional annual revenues of over R$60 million ($10.5 mm) in ICMS and R$20 million ($3.5mm) in royalties and special participation for the state and municipalities of Rio de Janeiro.

Source: Money Times

Sweden’s new focus on Brazil: biogas

Recognised as one of the “greenest countries in the world”, Sweden has a huge tradition of implementing sustainable projects. Sweden’s intention is to stimulate the development of the biogas industry in Brazil, taking advantage of the fact that the country is one of the world’s largest food producers and that it would have huge amounts of unused waste that can be used as fuel for biogas industries.

Source: Veja