Humberto Costa: Exploring the pre-salt layer has become like fishing in an aquarium.

TV 247 - Senator Humberto Costa (PT-PE) gave an interview to TV 247 condemning the actions of the coup, which hands over, through auctions, the main pre-salt basins to private initiative. "Exploring the pre-salt has become like fishing in an aquarium; it's an immense loss to the nation," lamented the parliamentarian.

Shortly after the 2016 coup and Pedro Parente's appointment as president of Petrobras, the state-owned company held a series of auctions to grant strategic pre-salt basins to major international oil companies, leaving Petrobras with only 33% of the auctioned reserves.

As a consequence of this policy, the greed of international oil companies to seize portions of the pre-salt reserves may change the regulatory regime for the transfer of rights, in order to avoid exposing the pre-salt reserves to the regime of exploration and production concessions for foreign companies. 

Humberto Costa condemns the end of the onerous transfer agreement. "The oil obtained from the pre-salt layer, after all the investments made to discover the large wells, is like fishing in an aquarium, except that this time Petrobras is worried that the biggest fish will come from private initiative, an immense loss to the nation," he laments.

The right wing is holding a hot potato. 

Humberto Costa, who visited Lula in the first days of his imprisonment, states that the right wing has a major problem. "The former president is a hot potato for the coup-plotting sectors, which explains all the selectivity of the judiciary," he concludes. 

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