Moreira Franco wins Petroleum Economist’ ‘Minister of the Year’ award



Brazil’s Mines and Energy Minister, Moreira Franco, has emerged the winner of the Petroleum Economist’ ‘Minister of the Year’ award.

The Petroleum Economist Award was created in 2014. Energy Ministers from around the world participate for this award. The honour recognises the minister who has made a significant contribution to the energy sector of his country, earning the respect of his peers and ministry employees, as well as national and international companies operating in the country.

The head of the MME was chosen among four other candidates in the global energy sector: Dr Abdulhussain Mirza (current Minister of Electricity and Water Affairs of Bahrain; Franklin Khan, Minister of Energy Industries of Trinidad and Tobago; Mansour Elimane Kane of Infrastructure in Senegal and Rick Perry, former governor of Texas and current Secretary of Energy of the United States.

In choosing Moreira Franco, the Petroleum Economist magazine highlighted its constant defense of the importance of renewable energies to stimulate social justice, the need for modernisation and energy security of the Brazilian electricity system, for the expansion of hydropower and environmentally sustainable energy.

The magazine also highlighted the Luz para Todos program, which today serves more than 16 million Brazilians, and can universalise access to all Brazilians by December 2022.

The publication also recognises that, since joining the MME, Moreira Franco encouraged the development of natural gas, helped accelerate bidding processes and preach lower electricity tariffs.

The magazine also highlighted the defense made by the minister of oil and gas auctions to supplement social spending and boost employment, and cites data from the ANP that estimates that up to 2054 US $ 2 trillion can be collected with taxes from the bidding rounds and sharing contracts for 2019.

Source: Comunicação, MME

613total visits,5visits today

5 Comments

  1. I just want to mention I am just all new to blogs and seriously liked your web blog. Likely I’m going to bookmark your blog post . You definitely have remarkable articles and reviews. Thanks a bunch for revealing your web-site.

  2. It is the best time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I want to suggest you some interesting things or suggestions. Maybe you could write next articles referring to this article. I wish to read more things about it!

  3. Unquestionably imagine that which you said. Your favourite justification appeared to be at the net the simplest thing to take note of. I say to you, I certainly get annoyed even as other folks consider worries that they just don’t understand about. You controlled to hit the nail upon the highest and also outlined out the whole thing without having side-effects , people could take a signal. Will likely be again to get more. Thanks

Leave a Reply

Your email address will not be published. Required fields are marked *