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Compagas Signs Contracts With Brazilian Companies Tradener and Gas Bridge For Natural Gas Supply and Aims For Alternatives to Petrobras

Written by Ruth Rodrigues
Published on 13/06/2022 at 10:07
Com a queda no abastecimento de gás natural boliviano à Petrobras, a Compagas agora busca novas alternativas à estatal brasileira e fechou contrato para o fornecimento do combustível com as companhias brasileiras Tradener e Gas Bridge. 
Foto: Compagas
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With the Fall in Bolivian Natural Gas Supply to Petrobras, Compagas is Now Seeking New Alternatives to the Brazilian State-Run Company and Signed a Contract for the Supply of Fuel with the Brazilian Companies Tradener and Gas Bridge. 

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

Tradener and Gas Bridge Will Be the New Suppliers of Natural Gas for the State of Paraná with Contracts Signed Between the Companies and Compagas.

During the month of May, Compagas signed two new contracts for the supply of natural gas to the state of Paraná, this time with 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 dependent on the current business with the Brazilian state-owned company Petrobras, which is currently facing serious internal issues. 

The company also highlighted more details of the contract, such as, for example, the supply, which will be 10,000 cubic meters of natural gas per day for Compagas, over a total period of 10 days.

Moreover, the contracts with Tradener and Gas Bridge are in the interruptible modality, meaning that the supply may be interrupted or reactivated, depending on the availability of molecules from the suppliers, to ensure more control over the internal supply of natural gas.

Additionally, the CEO of Compagas, Rafael Lamastra Jr., commented on the need for new directions for the internal supply of natural gas and emphasized that “The natural gas to be received in both contracts is from Bolivia. In the short term, the Company does not expect to receive the supply, given the confirmation of reduced shipments of fuel by the neighboring country. However, in conjunction with Tradener and Gas Bridge Comercializadora, we are monitoring the situation and seeking 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 Internal Supply of Natural Gas Without the Presence of Petrobras.

With the finalization of 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 phases of contracting, Compagas emphasized that the contracted volume is limited due to the unavailability of transportation exit capacity, which is fully occupied by Petrobras under existing contracts with the company.

Thus, the occupation of natural gas transportation exit by Petrobras ends up hindering the accelerated development of new businesses, but Compagas will make the ventures as efficient as possible.

Although it is increasingly seeking alternatives concerning the state-owned company, the last public call for the supply of natural gas was accepted only by one company, which still ensures a link to the national oil company.

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

Ruth Rodrigues

Formada em Ciências Biológicas pela Universidade do Estado do Rio Grande do Norte (UERN), atua como redatora e divulgadora científica.

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