Contracts Signed by Petrobras (PETR4) With Equinor for Maritime Outflow and Negotiated Access Aimed at Diversifying Agents in the Roncador Infrastructure.
Petrobras (PETR4) announced that it has signed contracts with energy company Equinor related to the outflow and processing of natural gas. The state-owned company informed that the signing of contracts for the Integrated Natural Gas Outflow System of the Campos Basin (SIE-BC) and access to the Cabiúnas Gas Treatment Unit (UTGCAB) will allow Equinor to outflow natural gas from the Roncador field, located in the Campos Basin, starting January 1, 2024. Equinor holds a 25% stake in Roncador, while Petrobras (PETR4) is the operator of the field and holds the remaining 75%.
Petrobras (PETR4): Agreement with Equinor Opens ‘Negotiated Access’ to the Pipeline Network. The SIE-BC consists of maritime and terrestrial outflow pipelines that connect to the UTGCAB, located in Cabiúnas, in the State of Rio de Janeiro, both owned by Petrobras, the company stated. ‘Thus, Petrobras complies with the provisions of the Gas Law, providing negotiated access to the infrastructures and enabling the diversification of agents across all links of the natural gas chain,’ the company added in the document. The oil company already has contracts for sharing the infrastructures of the Santos Basin, the Catu Hub in Bahia, and the Cacimbas Hub in Espírito Santo.
Petrobras Signs Contract for Negotiated Access to the Maritime Outflow Terminal at the Roncador Field. The company entered into an agreement with PetroRio and Frade Japão Petróleo for access to the buoy terminal that outflows the oil production from the Roncador field in the Campos Basin. The contract is set to expire in December 2025. Petrobras states that the negotiation is part of its divestment strategy and search for partnerships. The company also emphasizes the importance of diversifying the economic agents operating in the oil outflow infrastructures as a way to stimulate competition and efficiency. Market changes are expected to bring benefits to the entire production chain of the sector. In addition, Petrobras believes that the measure contributes to creating a more transparent and favorable investment environment. Thus, the company reinforces its commitment to promoting a fair and competitive market, aiming for the sustainable development of the oil and gas sector. Access the link for more information about the contract: [link].”
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Source: MoneyTimes

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