Petrobras And Compagás Reach Agreement For Natural Gas Supply And Cost Reduction Worth R$ 6.4 Billion

Written by Roberta Souza

Published on 07/09/2023 at 20:51

Updated on 07/09/2023 at 20:52

Foto: reprodução Exame

Seja o primeiro a reagir!

Compagás CEO Highlights That Cost Reductions From The Agreement With Petrobras Will Make Natural Gas More Competitive For The Industry

Petrobras and Compagas recently announced the signing of new natural gas supply contracts, valued at approximately R$ 6.4 billion. These agreements were established as a result of a public call made by the Parana distributor in the first quarter and will be in effect from 2024 to 2034, according to Petronotícias.

Cost Reduction For The Industry

Rafael Lamastra Jr., CEO of Compagas, emphasized that the new contracts with Petrobras include a significant reduction, around 10%, in the cost of the gas molecule, set to take effect from January next year. This reduction will be reflected in the tariffs, making natural gas more competitive for users, especially in the industry. The executive stated, “With this reduction being passed on to the tariff, we will give greater competitiveness to natural gas for our users, especially in the industry”.

In addition to cost reduction, Compagas also negotiated with Petrobras contractual conditions that diversify the indexers used. With these new agreements, approximately 20% of Compagas’s supply portfolio will now be indexed to Henry Hub, a benchmark in the U.S. gas market.

ARTICLE CONTINUES BELOW

Benefits For The Industry And Local Economy With Petrobras Contract

These new contracts represent an important step in making natural gas an even more attractive choice for the industry and other consumers in Curitiba and the surrounding area. With cost reductions and diversification of indexers, Compagas aims to provide stability and competitiveness in an ever-changing energy market.

The paranaense industry, which is essential for the local economy, will be able to benefit from these changes, increasing its efficiency and competitiveness. Furthermore, these agreements may have a positive impact on the state’s economy as a whole, as cost reductions can attract investments and boost economic growth.

Secure Energy Supply

Petrobras, as a reliable natural gas supplier, will continue to play a fundamental role in providing energy for the state of Paraná. These contracts reinforce the long-standing partnership between Petrobras and Compagas, ensuring a secure and efficient supply of natural gas for the region.
As the industrial and energy sectors evolve, this initiative highlights the importance of contractual adaptations and innovations to meet the needs of consumers and the ever-changing economy.

Petrobras And Compagás Reach Agreement For Natural Gas Supply And Cost Reduction Worth R$ 6.4 Billion

Compagás CEO Highlights That Cost Reductions From The Agreement With Petrobras Will Make Natural Gas More Competitive For The Industry

Cost Reduction For The Industry

Benefits For The Industry And Local Economy With Petrobras Contract

Secure Energy Supply

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

The Artemis II fire alarm goes off a day before returning to Earth, revealing a tense moment experienced by astronauts on NASA’s historic mission after more than 50 years.

Redmi K Pad 2 debuts as the world’s first tablet with Bose sound, featuring an 8.8″ OLED display with 165 Hz, a 9,100 mAh battery, a vapor chamber of 15,300 mm², and a 540 Hz touch response for extreme gaming.

Hairdresser with days numbered: Xiaomi comes up with a smart hair clipper that allows for haircuts at home even in the shower, featuring 19 settings, 2 speeds, a 3-hour battery, and a professional kit with titanium blades.

Argentina steps on the accelerator to become a power with a $20 billion agreement, immediate release of $1 billion, reserves above $5.5 billion, and a decrease in poverty to 28.2%.

Goodbye to the traditional outlet: new technology arrives in homes promising to cut invisible waste, consume only 0.5 to 1.5 watts in standby, monitor consumption in kWh in real time, and automate devices that weigh most on the electricity bill.

Petrobras And Compagás Reach Agreement For Natural Gas Supply And Cost Reduction Worth R$ 6.4 Billion

Compagás CEO Highlights That Cost Reductions From The Agreement With Petrobras Will Make Natural Gas More Competitive For The Industry

Cost Reduction For The Industry

Benefits For The Industry And Local Economy With Petrobras Contract

Secure Energy Supply

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Foresea announces winners of the 3rd supplier award highlighting performance, technology, and sustainability in the oil and gas sector in Macaé.

The 12% export tax on Brazilian oil reignites the debate on regulatory risk, competitiveness, and impact on the trade balance.

Rio could lose up to R$ 21 billion per year due to the STF’s decision on oil royalties, and the impact could affect the economy, tourism, and services.

The rise in oil prices puts Brazil in a strategic advantage and projects a trade surplus of US$ 90 billion, boosting exports and creating a highly favorable and unexpected economic scenario.

IMF issues global warning: war could push the world into recession and oil prices could soar above $110.

The Artemis II fire alarm goes off a day before returning to Earth, revealing a tense moment experienced by astronauts on NASA’s historic mission after more than 50 years.

Redmi K Pad 2 debuts as the world’s first tablet with Bose sound, featuring an 8.8″ OLED display with 165 Hz, a 9,100 mAh battery, a vapor chamber of 15,300 mm², and a 540 Hz touch response for extreme gaming.

Hairdresser with days numbered: Xiaomi comes up with a smart hair clipper that allows for haircuts at home even in the shower, featuring 19 settings, 2 speeds, a 3-hour battery, and a professional kit with titanium blades.

Argentina steps on the accelerator to become a power with a $20 billion agreement, immediate release of $1 billion, reserves above $5.5 billion, and a decrease in poverty to 28.2%.

Goodbye to the traditional outlet: new technology arrives in homes promising to cut invisible waste, consume only 0.5 to 1.5 watts in standby, monitor consumption in kWh in real time, and automate devices that weigh most on the electricity bill.