Our consultant, Luiz Felipe Monteiro Seixas, was featured in a BNamericas article on the approval of the first rules governing access to liquefied natural gas (LNG) terminals in Brazil.
The new rules approved by the National Petroleum Agency regulate negotiated and non-discriminatory third-party access to LNG terminals and establish mechanisms for deverticalisation, guidelines for negotiations between operators and third parties, criteria for the provision of information, and tools for congestion management.
In Luiz’s view, the resolution represents a step forward by regulating a provision that has been in the pipeline since 2021, although the regulatory framework remains incomplete. “The model adopted is one of negotiated access, without binding tariff regulation, which preserves contractual flexibility but may reproduce asymmetries in bargaining power in favour of dominant operators,” he notes.