MOSCOW (Sputnik) — The ambassador added that Brazil was opened for oil exploration and production by foreign companies.
"Occasionally, there are auctions on blocs of offshore pre-salt oil fields. Apart from such oil fields, there are also auctions on oil reserves 'on firm ground,' where, I think, Rosneft has very good chances," Salgado said.
In October 2016, the National Congress of Brazil passed a bill allowing foreign investors to participate in the development of offshore pre-salt oil fields.
In February 2017, a spokesman of the Russian company told Sputnik that Rosneft could participate in an offshore fields' auction that could take place later in the year.
