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The president of Petrobras reinforced the company's commitment to ongoing contracts in the fuel segment. Prates also stated that the company will compete for more and more space in the natural gas market in Brazil.
Petrobras is undergoing new changes in the Brazilian natural gas market. During his participation in an event held by the Getúlio Vargas Foundation (FGV), the president of the state-owned company, Jean Paul Prates, reinforced the commitment to expand the company's operations in the segment. He also said that the organization will keep all its contracts, but plans to review the mistakes of the past in the coming years.
Faced with a change in the Government, Prates reinforces Petrobras' commitment to ongoing contracts in the Brazilian natural gas market
Current president of Petrobras in the new Lula Government, Jean Paul Prates continues to create great discussions about the company's presence and expansion in the Brazilian fuel market.
Since taking office, the executive has been reinforcing his commitment to the company's presence in state enterprises. In addition, Prates disagrees with the project to privatize the organization's assets, initiated during the Bolsonaro government.
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Now, he returned to the subject, but this time discussing the Brazilian natural gas market. As president of Petrobras, he reinforced his commitment to ongoing contracts, stating that all of them will be carried out during his term.
However, Prates could not fail to highlight the change in the Government and in the administration of the company itself. Faced with this scenario, the president said that the company will fight for every piece of the Brazilian natural gas market, in contrast to the situation seen during the Bolsonaro government.
He participated in an FGV event for the launch of a section on the gas market, and spoke more on the subject. For him, giving up markets such as transportation and distribution of natural gas was a mistake on the part of the company.
Now, Prates is considering changing Petrobras' course of action in the gas segment throughout his term, with the support of the new Lula Government.
“What fault does Petrobras have for being efficient in gas extraction? Did it solve anything?”, commented the president of the state-owned company, who reinforced the sufficiency of the Brazilian gas market to solve its own dilemmas.
Prates criticizes the oil law and impacts of the ANP decision on the presence of the state-owned company in natural gas contracts in Brazil
In addition to reinforcing his commitment to current contracts in the natural gas market, Prates criticized the oil law, which has been in effect since 1997.
For Prates, the market should naturally solve the dilemmas in relation to natural gas, and that the oil law of 1997 opened the market, but it was a certificate of incompetence for the National Agency of Petroleum, Natural Gas and Biofuels (ANP), because the agency did not have the necessary instruments to promote the desired opening.
According to the executive, the denial of access to pipelines to Petrobras was one of the reasons why gas did not expand in the country due to the oil law. He added that natural monopolies are regulated by infralegal measures.
Despite the challenges faced by the company, Prates said that Petrobras plays an important role in the country's natural gas market, and will remain firm in the face of the current scenario.
