[reviewed]

[http://www.brasilny.org/trade/newsletcont.htm]

Eduardo Rappel, general director of the National Organization of Petroleum Industries (ONIP), says that the energy rationing will not scare off investors interested in participating in the third round of bidding for petroleum and gas exploration in Brazil scheduled for June 19th and 20th. According to Rappel, the energy crisis is transitory and will be overcome as companies begin to make investments.