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3R Petroleum starts selling natural gas in the free market of Espírito Santo

Written by Paulo Nogueira
Published 14/07/2023 às 09:56
Making its debut as a supplier of natural gas in the national market, the company 3R Petroleum signed a contract with Bahiagás and will invest in the production of the Recôncavo Basin to supply fuel to the company from Bahia
Photo: Disclosure 3R Petroleum
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Start of operations in Espírito Santo strengthens 3R Petroleum's presence in the natural gas market

The company 3R Petroleum has just completed an important step in expanding its activities in the natural gas sector. Its most recent agreement with ES Gás inaugurates the company's participation in the free gas market in Espírito Santo, using the Polo Peroá as a base of operations.

First Agreement in Espírito Santo Boosts Local Supply

This partnership with ES Gás, 3R Petroleum's first customer in Espírito Santo, ensures the supply of the local market with 400 thousand m³/day of natural gas until December 2025. This will come from Campo de Peroá, in the Espírito Santo Basin , a place previously dedicated exclusively to trading for Petrobras.

Before this agreement, the entire production of the Peroá Pole, which reached 561 cubic meters of natural gas in June 2023, was destined for Petrobras, at the UTGC.

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Rachid Félix, Commercial and Corporate Director of 3R Petroleum, highlighted the importance of new business strategy. “Trading in the free market was one of the opportunities that 3R Petroleum had already been looking at. The firm contract with ES Gás is the first signed after the agreement with Petrobras in Espírito Santo, which allowed access to the processing infrastructure, enabling the entry into the free market of gas produced at the Peroá Pole”, he said.

June Agreement with Petrobras Reinforces Expansion Strategy

Félix was referring to the agreement recently signed between 3R Petroleum and Petrobras for the processing of gas at the Cacimbas Natural Gas Treatment Unit – UTGC, located in Linhares, Espírito Santo. The volume of gas produced in Peroá in May 2023 reached 650 thousand m³/day.

In addition to the agreement with ES Gás, 3R Petroleum already has a contract for the sale of natural gas in Bahia, with Bahiagás, signed in May last year. This contract refers to the production of the poles Recôncavo and Rio Ventura, in the Recôncavo Cluster.

Paulo Nogueira

With a technical background, I worked in the offshore oil and gas market for a few years. Today, my team and I are dedicated to bringing information from the Brazilian energy sector and the world, always with credible and up-to-date sources.

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