Introduction
The Brazilian natural gas industry is currently undergoing a redesigning process to adapt to, as well as to make feasible, the new scenario expected for the gas sector in the coming years. The need to foster this industry has been driven mainly from a local perspective, by the expected divestiture of state-owned Petrobras of the natural gas chain assets and by the federal government, which has launched several initiatives aimed at legal, regulatory and commercial improvement of this industry. In addition, the concerns regarding the transitation to a lower-carbon energy matrix has afforded a fertile market for the development of the natural gas industry and revealed a hugely attractive potential for investors.
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(IBA - International Bar Association - 02.10.2018)