Petrobras Approves New Gasoline and Diesel Sale Contracts This Morning (09/10) to Increase Competitiveness

New Gasoline and Diesel Sales Contracts Will Provide More Flexibility, Allowing Commercial Conditions to Adjust According to the Market, Representing an Important Step for Petrobras’ Positioning

Petrobras announced in a relevant fact this morning (09/10) that it approved new contractual models for the sale of gasohol and diesel for road and maritime purposes to fuel distributors, aiming to simplify some processes, increase competitiveness, and bring flexibility to Petrobras in adopting new commercial strategies.

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In the current market scenario, characterized by the entry of imported products by third parties and the divestment of refining assets, it is necessary to promote improvements in some commercial and operational clauses.

These adjustments, defined based on the experience obtained throughout the duration of the current contracts and feedback from clients, aim to strengthen the commercial relationship with our clients and the Company’s competitiveness.

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According to Petrobras, the new contracts will provide more flexibility, allowing commercial conditions to adjust according to the market, representing an important step for the state-owned company’s positioning in the new competitive environment. It is important to emphasize that there are no changes in the pricing practices of these products, which continue to align with international markets.

The new contracts will still be submitted for approval by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), following current regulations.

Surge in Gasoline, Ethanol, Diesel, and CNG Prices Forces Drivers to Turn to Biogas; The Fuel Came to ‘Save’ and Lighten Consumers’ Wallets

As days go by, gasoline, ethanol, and diesel prices continue to rise, and as a result, Brazilians working in passenger transport, such as taxi drivers and app drivers, who previously relied on Compressed Natural Gas (CNG), are migrating to biogas, as CNG is also starting to weigh heavily on their budgets. Biogas can be used without problems in vehicles equipped with gas kits.

Petrobras has made a new adjustment to the CNG price, increasing it by 39% for distributors. According to a survey conducted by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), in the last week of May, the price of vehicular gas for the end consumer reached R$ 4.199 in some locations in the city of Rio de Janeiro. In light of this, although it is not a new solution, biogas has become popular for providing more mileage and being cheaper.

Currently, only ten fuel stations in Rio de Janeiro offer biogas CNG, but according to Jorge Mathuiy, commercial director of the cylinder manufacturing industry MAT, that number is expected to increase significantly by the end of the year, as biogas has a cheaper acquisition cost and is completely safe.

The great advantage of using biogas is that, in addition to greater autonomy, the fuel offers higher safety, as it is lighter than air, and in the case of a leak, the gas dissipates quickly, reducing the risk of explosions and fires. While alcohol ignites at 200ºC, and gasoline at 300ºC, biogas requires a temperature exceeding 620ºC to ignite.

Drivers still face difficulties in identifying biogas at fuel stations. The tip is to ask the attendant if the option is available or to observe if the supplier is one of the companies distributing the fuel, such as Neogás.