Petrobras e Naturgy prevê suspensão de multas em contratos de gás para indústrias do Rio para minimizar crise econômica

Agreement Between Petrobras and Naturgy Provides Suspension of Fines in Gas Contracts for Industries in Rio to Minimize Economic Crisis

Written by Flavia Marinho

Published on 30/03/2020 at 16:24

Acerto entre Petrobras e Naturgy prevê suspensão de multas em contratos de gás para indústrias do Rio para minimizar crise econômica

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Industries in Rio will have flexibility in their natural gas purchase contracts with Petrobras, Ceg, and Ceg Rio, natural gas distributors in the State of Rio that belong to the Naturgy group. Petrobras will import Liquefied Petroleum Gas (LPG) due to “temporary scarcity” caused by high demand from families.

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The decision was made to minimize the impacts of the economic crisis exacerbated by the COVID-19 pandemic.

With this flexibility, industries will only pay for the natural gas consumed and not for the volumes stated in the contracts.

According to a note from the Secretary this Saturday, the agreement “will provide peace of mind mainly for the industry, due to the commitment to minimum payment of the contracted capacity.”

Last week, the Rio Government also negotiated with Naturgy to suspend, for 30 days, cuts and gas disconnections due to the non-payment of consumers in the residential and small commercial segments.

Naturgy, which controls Ceg and Ceg Rio, explained that the agreement reached with Petrobras will benefit all industrial clients and large clients who have natural gas purchase contracts with the take or pay clause, meaning they pay for a fixed volume, regardless of whether it was consumed or not. With the flexibility, companies will only pay for the consumed gas and not for what was projected in the contracts.

Agreement Between Petrobras and Naturgy Provides Suspension of Fines in Gas Contracts for Industries in Rio to Minimize Economic Crisis

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