Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Cold winds blow on Temer, Elizabeth Johnson, Grace Fan, 22 Jun 2017
* Brazil: Waiting for Janot, Grace Fan, Elizabeth Johnson, 15 Jun 2017
* Brazil: Electoral court hints at 4-3 vote in favour of Temer, Grace Fan, Elizabeth Johnson, 8 Jun 2017
* Brazil: Electoral ‘trial of the century’ on track for quick ruling, Grace Fan, Elizabeth Johnson, 7 Jun 2017
* Brazil teeters on a political cliff edge, Larry Brainard, 2 Jun 2017

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What Libra promises for Petrobras and the country’s oil & gas sector


Amidst isolated protests from striking oil workers, the Dilma administration on 21 October auctioned off the country’s largest-ever oil discovery, Libra, in the 1st Pre-Salt Auction. In stark contrast to the unqualified success of the 11th E&P Round held in May, just one consortium participated in this auction and the lone offer was the minimum bid of 41.65 per cent of “profit oil” for the government take....

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