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The Natural Gas Supply Contract with the State Gas Company of Rio Grande do Norte (Potigás) Is In Force Until the End of 2034.
Petrobras and Potigás signed contracts for the supply of natural gas valued at R$536 million. These contracts are valid until December 2034 and result from a negotiation process between the companies. The initiative aims to expand the gas supply to meet the captive market of Potigás, a distributor located in the state of Rio Grande do Norte.
This commercial partnership reinforces Petrobras’ commitment to ensuring the competitiveness of natural gas in the energy matrix by offering flexible products and different terms and indexers.
According to Maurício Tolmasquim, director of Energy Transition and Sustainability at Petrobras, the new contracts in the Northeast region and throughout the country demonstrate the company’s success in its goal of ensuring natural gas competitiveness.
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Own Investments in the Area of Natural Gas
Additionally, he emphasizes that the forecast for own investments in the area of natural gas in the coming years exceeds R$25 billion, which reinforces Petrobras’ commitment to maintaining natural gas as a competitive and essential fuel for the energy transition.
Marina Melo, president of Potigás, highlights the importance of having a long-term contract with Petrobras, as it provides security for the company’s portfolio and price stability.
She also emphasizes the attention that Petrobras has been giving to the natural gas supply market in Brazil by participating in public calls and enabling distributors to diversify their portfolios with other suppliers.
This is the eleventh contract between Petrobras and Local Distribution Companies (CDLs), adhering to Petrobras’ new product portfolio.
Competitiveness
This new commercial portfolio was developed to ensure the company’s competitiveness in the public calls of state distributors and in the free natural gas market. In addition to diversification, Petrobras’ commercial conditions aim to dynamize the competitive environment and the market opening process, allowing for the reduction of contracted volumes by state distributors in the event of migration of captive customers to the free market, as well as greater flexibility in supply management.
These contracts reinforce Petrobras’ position as one of the main suppliers of natural gas in the Northeast and throughout the country. The company is committed to offering competitive and sustainable energy solutions, contributing to the economic and social development of the regions where it operates. The partnership with Potigás is another step in this direction, strengthening the natural gas value chain and ensuring the safe and reliable supply of this important energy resource.
