Renovabio: TCU ratifies decision preventing ANP from applying retroactive sanctions to defaulting distributors.

The plenary session of the Brazilian Federal Court of Accounts (TCU) ratified last week the precautionary measure signed by Minister Bruno Dantas that prevents the National Agency of Petroleum, Natural Gas and Biofuels (ANP) from applying sanctions to fuel distributors in default under the RenovaBio program. With this decision, the regulator is prevented from sanctioning companies for failing to meet targets in previous years, up to the fiscal year of 2024, thus compromising the program's operation. Dantas argues that, although the program is "meritorious," there are still flaws in the mechanisms for regularizing distributors. According to him, the sanctions also harm consumers, since they punish small distributors with the revocation of their registration. The minister also said that the Ministry of Mines and Energy (MME) filed an appeal against the precautionary measure, which will be preliminarily analyzed and subsequently brought to the TCU's agenda in the coming weeks.

This text was translated by machine from Brazilian Portuguese.