Petrobras Will Create A Company By The End Of This Year To Combine The Pipeline Network And Seek A Partner In The Capital Markets Next Year
Petrobras wants to sell the three large offshore gas pipelines that connect the pre-salt fields in the Santos Basin to the mainland. According to Petrobras’ Refining and Gas Director, Anelise Lara, a company will be established by the end of this year to combine these three pipelines. Petrobras Announces Sale Of All Assets In Petrobras Colombia.
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According to the executive, the plan next year is to seek a partner, which could be done through a public offering of shares in the capital market.
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“By the end of this year we will have a company and we will go to the market next year to find an investor partner, possibly via the capital market for this private company to be responsible for the operation of the offshore gas pipelines”, Anelise emphasized.
Currently, Petrobras operates Route 1, which connects the Lula field, via the Mexilhão field, to the Gas Processing Unit (UPGN) in Caraguatatuba, São Paulo.
And Route 2, which transports production from Lula and other fields to Cabiúnas, in Macaé, Rio de Janeiro. Route 3 is still under construction and will transport gas from the Búzios field and other fields to the UPGN of Comperj, which is also under construction.
According to Petrobras’ director, with the three routes in operation, about 48 million cubic meters per day of natural gas will be transported through this network.
The director explained that there is already an agreement between Petrobras and the other companies that explore and produce oil in the pre-salt fields, which are Shell, Galp, and Repsol, called the Integrated Drainage System (SIE), which facilitates the use of these pipelines by the four oil companies.
