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3R Petroleum Begins Sale of Natural Gas in the Free Market of Espírito Santo

Written by Paulo Nogueira
Published on 14/07/2023 at 09:56
Estreando como fornecedora de gás natural no mercado nacional, a companhia 3R Petroleum fechou contrato com a Bahiagás e investirá na produção da Bacia do Recôncavo para o abastecimento do combustível para a companhia baiana
Foto: Divulgação 3R Petroleum
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Start of Operations in Espírito Santo Strengthens 3R Petroleum’s Presence in the Natural Gas Market

3R Petroleum has just consolidated an important step in expanding its operations in the natural gas sector. Its latest agreement with ES Gás marks the company’s entry into the free gas market in Espírito Santo, using the Peroá Hub as an Operating Base.

First Agreement in Espírito Santo Boosts Local Supply

This partnership with ES Gás, the first customer of 3R Petroleum in Espírito Santo, ensures the supply of the local market with 400,000 m³/day of natural gas until December 2025. This will come from the Peroá Field in the Espírito Santo Basin, an area previously dedicated exclusively to marketing for Petrobras.

Before this agreement, the entire production of the Peroá Hub, which reached 561,000 cubic meters of natural gas in June 2023, was allocated to Petrobras at the UTGC.

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

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 650,000 m³/day.

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

Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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