Investor Presentaiton
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Seriousness Duration Reversibility
Impact
Dam silting up due to runoff from
High
Long
Positive
construction sites
Transportation of heavy
High
Short
Positive
machinery on access roads
Presence of coal particulates in
High
Long
Positive
residences
Noise pollution due to operational
problems
High
Short
Positive
Dispersion of condensate smell
High
Short
Positive
in the vicinity of the clusters
"In order to lead a fair and inclusive energy
transition, we maintain transparent and
effective dialogue with regulatory agencies in
our sector, as well as members of the public
power and society"
Damian Popolo, Director of External Relations
In addition to actions to minimize impacts,
prioritizing the hiring of local companies and
labor and carrying out socio-environmental
projects, our presence and our activities promote
a series of indirect economic impacts (more
information in our target of Improving the Social
Progress Index in the municipalities in which we
operate):
Royalties:
impact on the budgets of the
municipalities
We are the only natural gas producer in Maranhão
and the only private operator in the Amazon.
In this scenario, the simplest way to measure
our financial impacts on the locations where
we operate is based on the payment of royalty
payments we make to the federative entities. The
royalties represent the financial compensation
owed to the federal government, the states, and
the beneficiary municipalities by the companies
that produce oil and natural gas in Brazilian
territory: a compensation to society for the
exploitation of these non-renewable resources. In
practice, they are levied on the value of the field
production at rates that vary from 5% to 10%.
All of our producing fields pay 10% of production
in royalties, with the exception of Azulão, whose
rate is 5.6%.
The royalties are supervised by the ANP, which
is also responsible for the distribution of this
government participation to the federative
entities. The Agency recently improved the
dissemination of royalty distribution amounts,
making it easier to consult this data. For this
reason, unlike the methodology adopted in 2019
and 2020 - when the royalty data presented
in the Sustainability Report were estimated
(subtly different from the database published by
the ANP) for this Report we used the official
information published by the ANP itself.
That said, totaling the sums of the Federal
Government, states and municipalities, we
paid R$ 196,111,969.27 in royalties over 2021,
being directly responsible forthe compensation
of R$41,594,878.57 to the municipalities of
Maranhão and R$ 828,620.17 to the municipalities
of Amazonas. In detail, it is possible to divide
the royalty compensation paid to the producing
municipalities in 2021 as follows:
> Trizidela do Vale (MA)
> Lima Campos (MA)
R$ 10,558,649.79
> Sto. Antônio dos Lopes (MA)
R$ 11,217,289.50
R$ 7,786,380.57
R$ 6,291,962.46
> Capinzal do Norte (MA)
R$ 5,399,423.04
> Bernardo do Mearim (MA)
R$ 297,832.93
> Pedreiras (MA)
> Fortuna (MA)
> Silves (AM)
> Itapiranga (AM)
Production participation for the owners
of the land where the producing wells
are located
In 2021, in compliance with the provisions of
Decree 2.705/1998, Art. 3, Item VIII and in the
concession contracts signed with the Federal
Government, we paid R$ 19,394,614.35 to these
owners as a share in production.
Payment to the owners
Permit
of the land -
At the end of 2021, we had 332 lease contracts
with landowners, in the states of Amazonas (88)
and Maranhão (244), in which R$ 7,494,802.16 was
invested.
332
lease contracts with landowners, in the states
of Amazonas (88) and Maranhão (244)
R$43,340.28
R$ 760,240.51 R$ 19.4 million
R$ 68,379.66
paid to owners as
production participation
sustainability report 2021
social and relationship capitalView entire presentation