Petrobras Expected to Announce Increase in Natural Gas Prices in Less Than 1 Month

Written by Roberta Souza

Published on 06/04/2021 at 12:30

Gás natural da Petrobras/ Fonte: Orla Notícias

Seja o primeiro a reagir!

The New Prices Of Natural Gas Passed On By Petrobras Will Take Effect On May 1st. Every Three Months The Contracts Will Have Adjustments

Petrobras informed last Monday (5) that it will increase the selling price of natural gas to distributors starting on May 1st. Compared to the previous quarter, the increase was 39%. When calculated in US$/MMBtu, the increase will be 32%. Petrobras stated in a report that this change is due to the application of the supply contract formula, which links the price to the price of oil and the exchange rate.

Increase In The Price Of Natural Gas From Petrobras

Unlike the prices of other fuels, such as gasoline, diesel, and liquefied petroleum gas, the price of natural gas is updated every three months. According to the state-owned company, oil increased by 38% from January to March, which are the reference months for the current adjustments.

Petrobras reported that the final price of natural gas supplied to the consumer depends not only on the selling price of the company but also on the profits of the distributors and GNV resale stations, as well as federal and state taxes.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

Transfer Of Natural Gas Prices

The transfer of natural gas prices to consumers depends on the legislation of each state. In some cases, the contract provides for automatic adjustments. In others, the adjustments are made in tariff revisions approved by local regulatory agencies.

In any case, it is expected that natural gas will have a significant impact on the inflation rate in May. So far, Petrobras has adjusted its gasoline by 46.2% this year, diesel by 41.6%, and the gas cylinder by 17%.

Abegás – Brazilian Association of Companies Distributing Piped Gas, released a statement yesterday, informing that the increase will be passed on to consumers without “any benefit from the increase.”

Petrobras Expected to Announce Increase in Natural Gas Prices in Less Than 1 Month

The New Prices Of Natural Gas Passed On By Petrobras Will Take Effect On May 1st. Every Three Months The Contracts Will Have Adjustments

Increase In The Price Of Natural Gas From Petrobras

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Transfer Of Natural Gas Prices

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Tire road? Thousands of shredded tires were secretly placed under a ramp in California, preventing a one-year delay in a project on weak soil and supporting a 26-foot-high structure in a corridor connected to I-880.

Explorers find Roman treasure trapped between rocks on the seabed for nearly 1,600 years and reveal a desperate attempt to hide 53 gold coins during the invasions of the Empire.

While Russia dominates the global wheat market, Brazil emerges as an unexpected competitor in the Cerrado, offering grain available in July and August when stocks in the Northern Hemisphere are at their lowest point of the year.

Archaeologists discover Roman vase buried for over 2,000 years with more than 175 intact gold and silver coins, revealing a desperate strategy to protect wealth during the collapse of the Empire.

The government puts R$ 8.6 billion on the table to change the highway (BR) with 50 overpasses, 28 bridges, 4 tunnels, and 40 km of bike lanes in 180 km of historic duplication.

With 241 meters, 48 thousand tons, and a structure designed to accompany aircraft carriers at sea, the Chinese ship that refuels fleets in motion was born to push Beijing away from the coast and has become the hidden gear of its naval projection.

Petrobras Expected to Announce Increase in Natural Gas Prices in Less Than 1 Month

The New Prices Of Natural Gas Passed On By Petrobras Will Take Effect On May 1st. Every Three Months The Contracts Will Have Adjustments

Increase In The Price Of Natural Gas From Petrobras

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Transfer Of Natural Gas Prices

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Tire road? Thousands of shredded tires were secretly placed under a ramp in California, preventing a one-year delay in a project on weak soil and supporting a 26-foot-high structure in a corridor connected to I-880.

Chinese giant worth nearly R$ 4 billion that manufactures cables for electric cars, solar energy, and robotics wants to open a factory in SC.

Many employers do not know, but the law guarantees domestic workers a 25% increase in salary during trips, 50% for overtime, 20% for night shifts, and 17 additional benefits that can lead to labor lawsuits if not paid.

Gasoline prices soar and the question arises: is ethanol more advantageous? The 70% rule reveals the limit with gasoline.

The government has made a decision and is starting a test with more ethanol in gasoline, anticipating a mixture of up to 35%, diesel with 25% biodiesel, and a study to assess the impacts on engines.

Brazil is the largest coffee producer in the world, but four foreign companies control more than half of the domestic market, including brands that you probably have in your kitchen like Pilão, 3 Corações, Melitta, and Nescafé.

Explorers find Roman treasure trapped between rocks on the seabed for nearly 1,600 years and reveal a desperate attempt to hide 53 gold coins during the invasions of the Empire.

While Russia dominates the global wheat market, Brazil emerges as an unexpected competitor in the Cerrado, offering grain available in July and August when stocks in the Northern Hemisphere are at their lowest point of the year.

Archaeologists discover Roman vase buried for over 2,000 years with more than 175 intact gold and silver coins, revealing a desperate strategy to protect wealth during the collapse of the Empire.

The government puts R$ 8.6 billion on the table to change the highway (BR) with 50 overpasses, 28 bridges, 4 tunnels, and 40 km of bike lanes in 180 km of historic duplication.

With 241 meters, 48 thousand tons, and a structure designed to accompany aircraft carriers at sea, the Chinese ship that refuels fleets in motion was born to push Beijing away from the coast and has become the hidden gear of its naval projection.