CCS Brasil | Pathways to scale

What is it?

PETRONAS, as a member of CCS Brasil Association, is supporting the development of a Paper on the Regulatory Framework for Carbon Capture and Storage (CCS) in Brazil, developed and to be published by CCS Brasil Association.

The study will assess the current state of the CCS regulatory framework in Brazil and selected international jurisdictions, benchmark Brazil against those jurisdictions, and provide structured analysis of regulatory design options and their trade-offs.

Why this study now?

Achieving deep decarbonization will require a combination of technologies and solutions, reflecting the different characteristics and challenges of each sector. CCS is one of these technologies, with the potential to contribute particularly to the decarbonization of hard-to-abate sectors.

Brazil is now advancing the regulatory framework needed to enable CCS deployment. The Future Fuels Law (Law No. 14,993/2024) established the legal basis for geological CO₂ storage and assigned ANP responsibility for regulating and authorizing CCS activities. The framework has since advanced with Decree No. 13,095/2026, while ANP continues developing detailed implementing regulations.

This evolving regulatory landscape creates an important opportunity for international benchmarking and evidence-based analysis to help inform regulatory decision-making and the assessment of approaches that may be appropriate to the Brazilian context.

Purpose of the study

At a pivotal stage in Brazil's CCS regulatory development, the study aims to provide an evidence-based contribution to the development of the country's regulatory framework.

By bringing together international experience and structured regulatory analysis, the paper seeks to support informed regulatory decision-making and foster constructive dialogue between industry, regulators and policymakers as Brazil's CCS framework continues to evolve.

Rather than prescribing a single regulatory model, the paper will assess alternative regulatory design options, their respective trade-offs and their potential applicability to the Brazilian context.

Study objectives

Establish a clear and current baseline of Brazil's CCS regulatory framework and selected international jurisdictions.

Benchmark Brazil against international regulatory practice, identifying convergences, divergences and remaining gaps.

Identify relevant regulatory design choices and assess alternative options and their trade-offs.

Watch the ROG.e 2026 presentation of Pilar 1:
Brazil's regulatory baseline and international benchmarking.

ROG.e 2026 Pilar 1 presentation video thumbnail - Brazil regulatory baseline and international benchmarking

Scope, deliverables & timeline

Pillar / phase	scope	Key Deliverable / Milestone
PILLAR 1 Storage Architectures: a comparative analysis of the regulation and governance of geological CO₂ storage	Assessment of Brazil's regulatory framework and international benchmarking, covering regulatory models, institutional governance, storage area identification and allocation, environmental licensing, financial guarantees, liability and long-term responsibility. Learn more	ROG.e – September 2026 Public presentation of Pillar 1: Brazil regulatory baseline and international benchmarking (neutral findings).
PILLAR 2 Project lifecycle: subsurface technical-regulatory requirements	Comparative assessment of regulatory requirements across the geological storage lifecycle, including site characterization and appraisal, monitoring, measurement & verification (MMV), closure and post-closure requirements. Learn more	Presentation of Pillars 2 and 3 findings, completing the neutral evidence base. Registration will be open soon.
PILLAR 3 Market integration & enabling conditions for bankability	Assessment of business models, public support mechanisms and investment incentives, carbon pricing frameworks and the treatment of CCS within voluntary and compliance carbon markets, including considerations for Brazil's SBCE. Learn more
Final Advocacy Paper	Consolidation of the three pillars and development of regulatory design options and recommendations through the CCS Brasil Association member-alignment process.	Q1 2027 - Final Advocacy Paper (EN & PT), consolidating the study findings, international benchmarking, regulatory design options and member-aligned recommendations across the three pillars.

CCS and PETRONAS'
Energy Transition

Meeting growing energy needs while advancing the energy transition requires a combination of technologies and solutions. PETRONAS has been developing its CCS capabilities and experience in Asia-Pacific as part of its broader energy transition efforts.

Clear, transparent and predictable regulatory frameworks are important to provide confidence for CCS development and support the conditions for long-term investment. By sponsoring this study, PETRONAS seeks to contribute to an evidence-based and internationally informed discussion on the development of Brazil's CCS regulatory framework.

The study is supported by PETRONAS Brazil as a member of CCS Brasil Association. The final editorial governance remains with CCS Brasil Association.