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Petrobras (PETR4) reaches historic pre-salt natural gas processing mark in September

Written by Paulo Nogueira
Published 18/10/2023 às 09:49
Petrobras (PETR4) reaches historic pre-salt natural gas processing mark in September
Photo by Wagner Meier/Getty Images

The brand is related to the performance of the natural gas processing units in Guarulhos (UTGUA) and Campinas (UTGCAM). A Petrobras (PETR4) announced today that it has reached a historic milestone in processing natural gas of the pre-salt during the month of September. Last month, the company reached the mark of 28,96 million cubic meters of gas per day, surpassing the previous record of 27,27 million m³/d recorded in March 2022.

This exceptional result was possible thanks to the excellent performance of Petrobras' Caraguatatuba (UTGCA) and Cabiúnas (UTGCAB) natural gas processing units. These units are responsible for receiving the gas produced in the Santos Basin pre-salt and processing it for subsequent use.

This achievement is extremely important for Petrobras, as it demonstrates the company's efficiency and capacity in dealing with increasingly larger volumes of natural gas production. Furthermore, the increase in pre-salt gas processing is a positive indication for the industry as a whole, showing Brazil's potential in this sector.

However, it is worth highlighting that this record occurs amid controversies involving the reinjection of pre-salt gas. The Ministry of Mines and Energy has expressed concern about this practice, claiming that it could compromise future natural gas production. Gas reinjection is used as a strategy to increase oil production, but may lead to less gas availability in the future.

Petrobras has sought to balance these issues, ensuring sustainable and efficient production. The company invests in advanced natural gas extraction and processing technologies, aiming to maximize production and minimize environmental impacts. Furthermore, it is in constant dialogue with the authorities to find solutions that reconcile increased production with the preservation of natural resources.

The natural gas sector plays a strategic role in the Brazilian energy matrix, being a clean and abundant source. Petrobras, as a leader in this market, is committed to boosting the development of this sector, contributing to the diversification of the country's energy matrix and the reduction of greenhouse gas emissions.

This record for pre-salt natural gas processing is a reflection of Petrobras' commitment to overcoming challenges and achieving increasingly impressive results. The company continues to invest in infrastructure and technology, aiming to consolidate its prominent position in the natural gas market and contribute to Brazil's economic and energy development.

Petrobras is committed to ensuring efficient and sustainable natural gas production, always seeking a balance between the growing demand for energy and the preservation of the environment. With the expertise acquired over the years, the company remains at the forefront of the sector, driving the growth of the natural gas market in the country.
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the offer of actions of Petrobras in the natural gas market has been a subject of much discussion in recent months. Natural gas has proven to be an important source of energy, and Petrobras plays a fundamental role in this sector.

Natural gas is a clean and efficient source of energy, and Petrobras has invested in its production and distribution. The company has units that process gas from the pre-salt, which represents the majority of the total received in these units.

These units are located in strategic regions, close to offshore production fields. Through flow routes, which are pipes connecting offshore fields to onshore units, Petrobras is able to transport natural gas to be processed and distributed.

However, the offer of Petrobras shares to the market has been contested by some executives. Minister Alexandre Silveira, for example, defends this offer as a way to boost the natural gas sector in the country. But many executives believe this strategy may not be the best option.

Despite differing opinions, Petrobras has stood out in the natural gas market. The company has sought to invest in new technologies and partnerships to increase its production and expand its operations in this sector.

Furthermore, Petrobras has recorded production records, which has boosted its shares in the financial market. Analysts at JPMorgan and Bradesco BBI project an upward revision to the company's guidance, which indicates good future performance.

This positive outlook has also led analysts to point to an increase in Petrobras' dividends. This means that the company's shareholders can expect an even higher return on their investment.

In a statement, Petrobras highlighted the performance of UTGCA, one of the units responsible for processing natural gas. This unit has proven to be efficient and has contributed to the company's success in this sector.

Therefore, despite the controversies regarding Petrobras' share offering in the natural gas market, the company has stood out and presented positive results. With strategic investments and solid partnerships, Petrobras continues to play an important role in the energy sector, especially with regard to natural gas.
Petrobras, a Brazilian oil and natural gas company, has had a positive share performance in recent months. The company has stood out in the market, especially in the production of natural gas.

In the period mentioned, Petrobras recorded an average daily processing volume of 9,8 million cubic meters of natural gas. This number is close to the maximum capacity of the drainage pipeline that connects the pre-salt region with Route 1. This record use of the pipeline was possible thanks to the decisive contribution of a Petrobras unit.

The director of Industrial Processes and Products at Petrobras, William França, highlighted the importance of this improvement in the use of processing assets. This optimization contributes decisively to the company's production and results in a greater offer to the market.

These positive results are a reflection of Petrobras' investment in technology and infrastructure. The company has constantly sought to improve its operations, aiming to maximize natural gas production and meet growing market demand.

Furthermore, Petrobras has stood out in the energy sector, especially with regard to natural gas. The company has invested in exploration and production projects, seeking to expand its participation in this promising market.

Natural gas is a clean and sustainable source of energy, and its use has been increasingly encouraged around the world. Petrobras has strategically positioned itself in this segment, aiming to take advantage of business opportunities and contribute to the energy transition.

The growing demand for natural gas is also driven by increasing awareness of the importance of reducing greenhouse gas emissions. Natural gas is a cleaner alternative compared to other energy sources such as coal and oil.

With this strategy focused on natural gas, Petrobras has managed to position itself as a leading company in this sector. The company has been committed to sustainability and the search for cleaner and more efficient energy solutions.

In summary, Petrobras has achieved positive results in its actions, especially in the natural gas segment. The company has invested in technology and infrastructure, which has enabled record use of the drainage duct. Furthermore, Petrobras has strategically positioned itself in the energy sector, aiming to take advantage of business opportunities and contribute to the energy transition.

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Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

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