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Cegás approaches Shell, PetroReconcavo and Galp for natural gas purchase contracts

Written by Ruth Rodrigues
Published 31/05/2022 às 20:32
To further reduce its dependence on the supply of natural gas from Petrobras, the Cegás company is now advancing in negotiations with suppliers Shell, PetroReconcavo and Galp in search of fuel purchase contracts
Photo: Cegás/Disclosure

To further reduce its dependence on the supply of natural gas from Petrobras, the Cegás company is now advancing in negotiations with suppliers Shell, PetroReconcavo and Galp in search of fuel purchase contracts

The companies Shell, PetroReconcavo and Galp were the big winners of Cegás' public call for future fuel contracts, according to the company from Ceará on Friday (27/05). In this way, Cegás advances to enter into contracts for the supply of natural gas in the state of Ceará and approaches new suppliers to further reduce its dependence on the purchase of fuel from the state-owned Petrobras. 

Shell, PetroReconcavo and Galp win public call from the company from Ceará for future natural gas supply contracts to supply the state of Ceará 

The company Cegás opened a public call to purchase 600 m³/day of gas for up to four years, with June 1st being the starting date for supply, and announced the winners this past Friday. Thus, the companies Shell, PetroReconcavo and Galp were the natural gas suppliers that went through the process. Only the negotiation with Excelarate was left out after the distributor from Ceará announced the names of the winners. 

And, after the start of the purchase of natural gas from the beginning of June, the fuel will be delivered at the Custody Transfer Stations, located in the municipalities of Fortaleza, Aquiraz, Pecém, Caucaia, Aracati and Horizonte. The companies Galp, Shell and PetroReconcavo began operating as suppliers of natural gas in the northeastern region of Brazil at the beginning of 2022. Thus, Cegás seeks to attract the attention of these companies to new ventures favorable to the supply of fuel in the state cearense over the next few years. 

Furthermore, the distributor in the state of Ceará had already opened a public call for new suppliers of natural gas to the region at the beginning of the year, but only companies Galp and Excelarate were interested in the deal. However, the new specifications of the public call ended last week were more favorable to the eyes of other oil and natural gas producers in the national territory. And, with the finalization of the search for suppliers, Cegás moves forward in search of a more diversified supply of fuel in the state of Ceará. 

Cegás seeks to reduce dependence on the supply of natural gas from Petrobras with the opening of the public call for future contracts with Shell, PetroReconcavo and Galp 

The current situation of Cegás in relation to the supply of natural gas in the state of Ceará is highly unstable, due to the overthrow of the Superior Court of Justice, during the month of March 2022, of the injunction that prevented Petrobras from raising fuel prices to the distributor. And, with the new scenario in relation to the partnership with the state-owned company, the Ceará natural gas distributor had to go in search of new business and more favorable contracts for the purchase of the resource, mainly so as not to significantly affect the final consumer's pocket. 

The company from Ceará was in negotiations with the state-owned company and aimed at an extended term from four to nine years, in exchange for a reduction in the indexation of the Brent value, from 16,75% to less than 13%. However, with the severe cut in Petrobras supply by the Bolivian YPFB during the last few days, negotiations with Cegás were suspended indefinitely. 

And, while the state-owned company does not resume negotiations with any national company, Brazilian distributors are starting to look for new natural gas suppliers, just as Cegás has been doing with Shell, PetroReconcavo and Galp, in search of greater independence in supplying the resource.

Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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