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Home Compagas closes contracts with Tradener and Gas Bridge, Brazilian companies, for the supply of natural gas and aims at alternatives to Petrobras

Compagas closes contracts with Tradener and Gas Bridge, Brazilian companies, for the supply of natural gas and aims at alternatives to Petrobras

13 June 2022 to 10: 07
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With the drop in the supply of Bolivian natural gas to Petrobras, Compagas is now looking for new alternatives to the Brazilian state-owned company and signed a contract for the supply of fuel with the Brazilian companies Tradener and Gas Bridge.
Photo: Compagas

With the drop in the supply of Bolivian natural gas to Petrobras, Compagas is now looking for new alternatives to the Brazilian state-owned company and signed a contract for the supply of fuel with the Brazilian companies Tradener and Gas Bridge. 

Compagas, a natural gas distributor in the state of Paraná, is looking for new alternatives for supplying fuel with Petrobras and has signed a supply contract with Tradener and Gas Bridge. Thus, the company highlighted on Thursday, (09/06), that it is seeking the best opportunities to supply the state of Paraná, without ending up harming the pockets of the region's residents, with contracts increasingly focused on electricity prices. commodity

Tradener and Gas Bridge will be the new natural gas suppliers for the state of Paraná with contracts signed between the companies and Compagas.

During the month of May, Compagas closed two new contracts for the supply of natural gas to the state of Paraná, this time with the companies Tradener and Gas Bridge, which will supply the region. Both contracts are part of the company's new pilot project to diversify the supply of natural gas in the region, becoming less and less dependent on the current deal with the Brazilian state-owned Petrobras, which is currently facing serious internal problems. 

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The company also highlighted some more details of the contract, such as, for example, the supply, which will be 10 cubic meters of natural gas per day for Compagas, over a total period of 10 days.

In addition, contracts with Tradener and Gas Bridge are in the interruptible mode, that is, when demand can be interrupted or reactivated, given the availability of molecules by suppliers, to ensure more control of the internal supply of natural gas. 

Furthermore, Compagas CEO Rafael Lamastra Jr. commented on the need for new routes for the internal supply of natural gas and highlighted that “The natural gas to be received in both contracts comes from Bolivia. In the short term, the Company does not expect to receive the supply, given the confirmation of the reduction in fuel shipments from the neighboring country. However, together with Tradener and Gas Bridge Comercializadora, we are monitoring the situation and looking for windows of opportunity to receive the contracted gas in Paraná”.

Contracts with Tradener and Gas Bridge mark the first time that the distributor closes deals for the internal supply of natural gas without the presence of Petrobras.

With the completion of the contracts for the start of natural gas supply in the state of Paraná with Tradener and Gas Bridge, Compagas achieves its first supply business without the presence of Petrobras. As it is still in the early stages of contracting, Compagas pointed out that the contracted volume is reduced due to the unavailability of outgoing transport capacity, fully occupied by Petrobras in the contracts that are already signed with the company. 

Thus, the occupation of the natural gas transport outlet by Petrobras ends up harming the accelerated development of new businesses, but Compagas will make the projects as efficient as possible.

Although it is increasingly looking for alternatives in relation to the state-owned company, the last public call for the supply of natural gas was accepted only by the company, which still guarantees a link to the national oil company. 

Now, with the pilot project contracts with Tradener and Gas Bridge, Compagas will finalize the initial stages of tests to move forward in negotiations with other potential suppliers for the acquisition of larger volumes of gas, seeking more competitiveness in the domestic market.

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