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Increase was 33% compared to the month of August. According to Petrobras, despite the readjustment, natural gas prices still accumulate a 13% reduction in the year
Petrobras informs that last Sunday (01/11), it increased by 26% the sale prices of natural gas for distributors with contracts starting in January 2020. Many offshore jobs in sight: Petrobras grants a maintenance contract for 11 platforms to Engeman, which has a base of operations in Macaé to serve the Campos Basin
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Despite the readjustment made by Petrobras being 26% in US$/MMBtu in relation to the August 2020 gas price. When measured in R$/m3, the increase is 33%.
Petrobras claimed in the statement sent to the Securities and Exchange Commission (CVM) that the increases occurred according to parameters negotiated in contractual formulas, due to variations in Brent oil prices and the Real/Dollar exchange rate in the last quarter.
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“Despite the increase in this quarter, prices have accumulated a reduction of 38% in US$/MMBtu and 13% in R$/m3, since December 2019 (considering the exchange rate of 30/10/2020)”, says Petrobras
consumer's pocket
According to Petrobras, the final price of natural gas to the consumer is not only determined by the cost of the gas molecule and transportation, but also by the distributors' margins and by federal and state taxes. In addition, the tariff approval process is carried out by state regulatory agencies, in accordance with specific legislation and regulations.
“The sales contracts for distributors are public and are available for consultation on the website of the National Agency of Petroleum, Natural Gas and Biofuels (ANP),” he adds.
