Environment & Energy Report

Brazil Energy Ministry Gets an Admiral to Tackle Privatizations

Nov. 30, 2018, 3:38 PM

Brazil’s energy and mines ministry will be led by a former submarine commander who is currently in charge of the navy’s nuclear division.

President-elect Jair Bolsonaro announced the appointment of Admiral Bento Costa Lima Leite de Albuquerque Junior on his Twitter account on Nov. 30, the latest addition to a team expected to implement market-friendly policies.

Albuquerque has held posts at the United Nations and the Organization of American States, according to a Twitter post from Bolsonaro’s son, Carlos Bolsonaro.

The admiral, who joined the military in 1973, will be tackling offshore oil licensing rounds and planned energy privatizations in...

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