Petrobras Director Sees Company Prepared for More Dynamic Gas Market

Source: www.gulfoilandgas.com 2/16/2022, Location: South America

The gas and energy market in Brazil will be more dynamic, vibrant, with a multiplicity of agents and greater competitiveness in the coming decades, and Petrobras will be prepared to offer more products every day and services that will meet your customers' expectations. This is the forecast by the company's Refining and Natural Gas director, Rodrigo Costa Lima e Silva, shared with the audience at the Brazil Gas Summit.

“We are advancing in business models suited to the sustainable evolution of the market opening process and capturing opportunities in the thermoelectric market. We started to work with customers with new sales modalities, different contractual terms, new indexes for readjustments and the possibility of contracts with greater flexibility”, explained Rodrigo.

In the speech, the director presented the highlights of Petrobras' Strategic Plan 2022-26 and detailed the actions that the company has already taken to develop a more open gas market in Brazil, such as the divestment of TAG and NTS carriers, the signing of the agreement for the sale of the interest in Gaspetro and the advances for third parties to have access to Petrobras' outflow and processing infrastructure. “Since the first day of the year, we have new natural gas traders in the domestic market, based on access to the processing capacity at our units”, recalled the director.

Pre-salt and the gas market

Also this Wednesday, the executive manager of Strategy at Petrobras, Eduardo Bordieri, participated in the Brazil Gas Summit panel that discussed the opportunities for gas in the Brazilian pre-salt layer. He explained that currently the volume of gas exported from the pre-salt fields to the country's coast is 30 million m³ per day, a quantity that will rise to up to 44 million m³/day with the implementation of the Integrated Route 3 Project. , scheduled to go into operation later this year.

In a vision of the future, Bordieri pointed out that Petrobras foresees 12 more platforms for the pre-salt fields in the next five years, while 58% of the company's investments in Exploration in the period will be in the Southeast basins, such as Santos and Campos. With production beginning beyond the horizon of the 2022-26 Strategic Plan, one of the gas projects is the BM-C-33 block, in the Campos Basin, in a consortium operated by Equinor (35%) and which has a 30% stake. from Petrobras and 35% from Repsol Sinopec Brasil.

“Last year, the consortium approved a development concept for this project in which an FPSO-type platform will have the capacity to process the gas and specify it for sale. The natural gas will be exported through an underwater gas pipeline to the product transport network located at the Cabiúnas Terminal, in Macaé (RJ)”, detailed the executive strategy manager at Petrobras. According to the project, the gas export capacity will be 16 million m³ per day.


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