Qualification Guidelines

In order to participate in Brasil Round 8, a company must be individually full qualified by submitting certain documents (expression of interest, technical, legal and financial qualification) and paying a participation fee.

This guideline is given only to the purpose of orientation of participating companies. All details of the qualification process are described in the Final Tender Protocol.

Foreign companies are allowed to participate in Brasil Round 8. In case of success, the winner company should provide performance guarantees to a Brazilian affiliate that will sign the Concession Agreement.

The first step for Brasil Round 8 qualification is the presentation of an Expression of Interest, composed by a Cover Letter, a Power of Attorney (Annex III), a Confidentiality Agreement (Annex IV) and the Annex II.

A Data Package will be provided to companies that present the Expression of Interest and pay appropriate Participation Fees.

In order to participate in Brasil Round 8, a company must be individually qualified when meeting the requirements of: Technical qualification, Financial Qualification and Legal Qualification.

All documents must be notarized (to have certified or attest the validity of a signature on a document), certified by the Brazilian Consulate (when notarized abroad) and translated by a sworn translator to Portuguese (when written in a foreign language), as shown in the Complete List of Documents Required for Brasil Round 8.

Qualification documents will be accepted up to October 27, 2006, at the following address:

Agência Nacional do Petróleo Gás Natural e Biocombustível
Superintendência de Promoção de Licitação
/ Licensing Round Promotion
Av. Rio Branco, 65 - 18° andar - Centro - CEP: 20090-004
 Rio de Janeiro - RJ – Brasil

After filling all the requirements, if qualified, the company will be authorized by the Special Licensing Committee (CEL) to present bids on the sectors which the participation fee has been paid. CEL is composed by representatives of the Petroleum Agency (ANP), the Government Attorneys (AGU) and two representatives of society.

The Bid Conference is scheduled for November 28 and 29 of 2006.