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Bahiagás seeks expansion of flexible gas supply and new contracts in the market in 2024

Written by Paulo S. Nogueira
Published 11/12/2023 às 12:15
fossil fuel, molecule, Ahmed al-Jaber, Alagoas, Bahiagas, Braskem, fossil fuels, COP28, Natural Gas Distribution, El Niño, Essequibo, Natural gas, Javier Milei, Lula, Maceió, Mohamed Irfaan Ali, Nicolás Maduro
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New public call to conclude new gas supply contracts. Road show for marketing. Start your day successfully!

There is a growing concern about the search for alternative energy sources, aiming to reduce dependence on fossil fuels and reduce the environmental impacts caused by burning gas. New technologies and strategies are being developed to make the use of gas more flexible and sustainable, seeking to meet the population's energy demands in a more efficient and clean way.

A combustion of gas molecules produces energy in a cleaner way than burning fossil fuels, contributing to the reduction of greenhouse gas emissions. It is essential to seek viable and sustainable alternatives for the use of gas as an energy source, aiming to mitigate environmental impacts and promote the development of a more diverse and environmentally responsible energy matrix

Bahiagás plans a new public call for the acquisition of natural gas in 2024

Bahiagás is preparing to launch a new public call for the acquisition of natural gas in 2024. The Bahian piped gas distributor has documents supply contracts to win at the end of next year and seeks more flexible conditions for purchasing the molecule, aiming to renew the portfolio.

The Gas Supply and Market Manager at Bahiagás, Makyo Felix, revealed that in the public call process, the intention is to listen to companies to create products that offer flexibility and guarantee an adequate price signal. These statements were made during his participation in the Shell Energy Gas Forum.

According to the concessionaire's forecast, call planning will be completed by February and a presentation round – a road show – will be held between March and April 2024, with the aim of promoting competition among potential suppliers and customers. Subsequently, the expectation is launch the public call by the end of May and, until September or October, celebrate new supply contracts.

Bahiagás is a reference in the opening of the gas market, as it is the distributor of piped gas with largest number of suppliers in the country. The concessionaire has two supply contracts due to expire at the end of 2024, totaling around 900 thousand m3/day of firm gas.

The controversy over fossil fuels at COP28

At COP28, a coalition of more than 80 countries, including the United States and Europeans, is pushing for an agreement that includes phasing out fossil fuels, but is facing strong opposition led by OPEC and its allies. The president of COP28, and the oil company Adnoc, Sultan al-Jaber, made an appeal for countries to reach an agreement before the end of the conference on Tuesday (12/12).

Venezuela and Guyana meeting on the Essequibo dispute

The presidents of Venezuela, Nicolás Maduro, and from Guyana, Irfaan Ali, will meet on Thursday (14/12) to debate the dispute over Essequibo in Saint Vincent and the Grenadines, a Caribbean country. The meeting will be mediated by the Community of Latin American and Caribbean States (Celac) and the Caribbean Community (Caricom).

Braskem mine rupture

Maceió Civil Defense reported that part of mine 18 in Braskem suffered a rupture at 13:15 pm, which could be seen in a section of Lagoa Mundaú, in the Mutange neighborhood. The agency stated that the incident was localized and there is no risk of new ruptures in the area, and that there were no victims.

Expansion of the Port of Suape LNG Terminal

OnCorp plans to start between February and March next year the second phase of the project to revitalize the Port of Suape LNG Terminal, which will have a capacity of 11 million to 14 million m³/day of natural gas.

Acelen advances in biorefining

The company announced the opening of an office in Houston, Texas (USA), and the choice of Honeywell and Afry to develop the HVO (renewable diesel) and SAF (sustainable aviation fuel) production plant in Bahia.

Change in WEG leadership

After 16 years, the company from Santa Catarina announced a new CEO. Alberto Kuba will replace Harry Schmelzer Junior. He has been with the company for 21 years and is the current managing director of the Industrial Electric Motors division.

El Niño climate phenomenon and concerns in the electricity sector

The lack of rain in the north of the country, which is influenced by the climate phenomenon El Niño, could lead the National Electric System Operator (ONS) to adopt exceptional measures in 2024 to preserve the region's reservoirs, according to the organization's general director, Luiz Carlos Ciocchi.

 

Source: EPBR

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Paulo S. Nogueira

Creator and disseminator of content in the areas of oil, gas, offshore, renewables, mining, economics, technology, construction and other energy sectors.

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