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Gas Production Starts Showing Signs of Growth in Brazil

Written by Flavia Marinho
Published on 06/09/2018 at 03:58
Updated on 06/09/2018 at 08:02
Produção de Gás começa dar sinais de crescimento no Brasil
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Investments in Gas Production Promise to Bring Numerous Contracts and Industrial Advances in the Sector According to ANP

The Gas market is beginning to show signs of economic growth in Brazil, after years of stagnation without investments and abandonment. According to experts from ANP, the moment is ideal for the resumption of pipeline projects, platforms, and state-of-the-art equipment to boost the Brazilian gas industry. The state-owned company is organizing bids to attract companies to participate in potential auctions where the chance to raise millions from asset sales is immense.

The Sector’s Growth

Brazil still imports gas from Bolivia, but with the emergence of the pre-salt layer, the domestic market has become more attractive due to the discovery of new gas sources. Now, exports are decreasing, and business is starting to show progress. One of the issues to be resolved is who will manage this new journey of Brazilian gas. Currently, Petrobras has this role; however, there are other contract possibilities that will depend on ANP’s decision.

Next Steps for the Sector in Brazil

The biggest concern at the moment is with the choice of the new president of the republic, who will influence all future decisions in the oil and gas sector in Brazil. Managers and coordinators, together with the main leaders in the sector, are looking to meet with presidential candidates to present new projects, seeking guarantees that all points decided in meetings are taken seriously and implemented. The projects are promising and will ensure great business and job opportunities.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of military, security, industry, oil and gas, energy, shipbuilding, geopolitics, jobs, and courses. Contact flaviacamil@gmail.com or WhatsApp +55 21 973996379 for corrections, editorial suggestions, job vacancy postings, or advertising proposals on our portal.

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