In paragraph 7 (lines 60-76), among the possible changes to the Brazilian concession laws for the

In paragraph 7 (lines 60-76), among the possible changes to the Brazilian concession laws for the exploration of the deepwater blocks in the subsalt region, the author mentions

a

lowering government taxation on the oil sold by private operators in the Tupi region.

b

replacing concession contracts with production-sharing agreements with international companies.

c

forbidding private companies to operate oil producing plants in the newly discovered fields.

d

forcing Petrobras to pay a participation tax of 10-40% on its production to private companies.

e

increasing taxes only on oil produced from the small fields, according to volume, location, depth and age.

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