President Luiz Inácio Lula da Silva is mentioned in the last paragraph because, according to the author,

a

he will probably have the final say on the changes of the concession laws for the exploration of the new oil-rich areas.

b

he intends to put an end to programs of exploratory drilling off the southeastern coast of Brazil.

c

presidential elections will be held next year and current contracts will certainly be modified.

d

it is believed that hydrocarbon developments should only start after his presidential term ends in 2010.

e

it is up to the President to decide which companies are reliable enough to partner with Petrobras for subsalt production.

Próxima Questão