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Natural gas contract is signed between Petrobras and Potigás in RN

Written by Paulo Nogueira
Published 02/11/2023 às 12:22
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Photo: Petrobras Agency

The gas supply contract for the Rio Grande do Norte State Gas Company (Potigás) is signed until the end of 2034.

A Petrobras and Potigas signed contracts supply of natural gas in the value of R$536 million. These contracts are valid until December 2034 and are the result of a negotiation process between the companies. The initiative aims to expand gas supply to serve 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, offering flexible products and different terms and indexes.

According to Maurício Tolmasquim, director of Energy Transition and Sustainability at Petrobras, the new hires in the Northeast region and across the country show the company's success in its objective of ensuring the competitiveness of natural gas.

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Own investments in the natural gas area

Furthermore, he highlights that the forecast for its own investments in the natural gas area in the coming years is more than R$25 billion, which reinforces Petrobras' commitment to maintaining natural gas as a competitive and fundamental fuel for the energy transition.

Marina Melo, president of Potigás, highlights the importance of having a long-term contract with Petrobras, as this provides security for the company's portfolio and price stability.

She also highlights the attention that Petrobras has given to Brazil's natural gas supply market, participating in public calls and enabling distributors to diversify their portfolio with other suppliers.

This is the eleventh contract between Petrobras and the Local Distribution Companies (CDLs), adhering to Petrobras' new product portfolio.

Competitiveness

This new commercial portfolio was developed to guarantee the company's competitiveness in public calls from state distributors and in the free natural gas market. In addition to diversification, Petrobras' commercial conditions aim to boost the competitive environment and the market opening process, allowing a reduction in volumes contracted by state distributors in the event of migration of captive customers to the free market, in addition to 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 a safe and reliable supply of this important energy resource.

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Paulo Nogueira

With a technical background, I worked in the offshore oil and gas market for a few years. Today, my team and I are dedicated to bringing information from the Brazilian energy sector and the world, always with credible and up-to-date sources.

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