Sole article.-replace the second paragraph of article 2 of the law N ° 9.618, the revised, coordinated and systematized text was set by D.F.L. N ° 1, 1986, the Ministry of mining, by the following, passing the current third paragraph to be fourth subparagraph: "the national oil company may exercise activities of exploration, exploitation, or benefit of deposits containing hydrocarbons inside or outside the national territory, either directly or through companies in which have participation or in association with third parties. If he pursues such activities within the national territory through societies to which is a party or in association with third parties, you must do so by means of administrative concessions or special contracts, requirements, operating under the conditions set by the President of the Republic in the respective Decree.
The national petroleum company can, in addition, unless you do this are reserved exclusively, either directly or through companies in which it has participation, stored, transported, transform, treat, process, refine, sell and, in general, market oil and gas as well as develop any industrial activity that has relationship with hydrocarbons, their products and derivatives. Also the company may, on behalf of the State, receive, repurchase, sell and market in any way special operation contracts from hydrocarbons, and exercise other functions and rights that Decree and the corresponding contract assigned, is that such contracts whether or not participation company. "."