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Sulgás shares Gasbol contract with Petrobras – Partnership on the Bolivia-Brazil Gas Pipeline

Written by Paulo Nogueira
Published 25/01/2024 às 01:44
Bolivia-Brazil Gas Pipeline, Gasbol public call, Natural Gas Distribution, Bolivia-Brazil Gas Pipeline (Gasbol), Gasoducts, Petrobras, Sulgás, Transportadora Brasileira Gasoduto Bolivia-Brasil SA (TBG)
Gasbol (Bolivia-Brazil Gas Pipeline), from Transportadora Brasileira Bolivia-Brazil Gas Pipeline (Photo Disclosure TBG) – All rights: EPBR

Sulgás maintains most of the capacity contracted with TBG, reducing risks and ensuring flexibility in portfolio management.

A Sulgas, piped gas distributor in Rio Grande do Sul, signed an agreement with Petrobras to transfer part of the contracted capacity at Transportadora Brasileira Gasoduto Bolivia-Brazil (TBG) in gasbol. This partnership represents a milestone for the company, which sees the transfer of capacity as an opportunity to optimize resources.

O Bolivia-Brazil Gas Pipeline is essential for the supply of natural gas in the country, and Sulgás is committed to the search for innovative solutions in the sector. The partnership with Petrobras to provide part of the contracted capacity is an important step for the company, which seeks to adapt to new trends in the piped gas market. This agreement represents a significant step forward for Sulgás, which is committed to modernizing its operations.

The advantage of portfolio management at Gasbol

The main advantage of dealership By contracting output capacity directly, there is freedom in portfolio management, allowing them to seek other natural gas suppliers. However, this freedom comes with risks inherent, such as the payment of penalties, including the Unused Capacity Charge, which may impact tariffs.

Sulgás' strategy in Gasbol

Thays Falcão, executive manager of Strategy at Sulgás, emphasizes that the transfer of part of the contracted capacity does not represent a reversal of the decision to contract capacity directly with the transporter. The company will still maintain most of the capacity contracted in the Bolivia-Brazil Gas Pipeline (Gasbol).

For the years 2024 and 2025, the concessionaire from Rio Grande do Sul will transfer 270 thousand m3/day to Petrobras, equivalent to around 25% of the total contracted. For 2026 and 2027, Sulgás transferred 330 thousand m3/day, which represents 20% of the total.

Long-term contract negotiations

In the negotiations of supply contracts long-term contract with Petrobras in 2023, the concessionaire opted for a traditional model, in which the oil company is responsible for contracting the entry and exit of the system, assuming the risks of the operation and charging a postal fee for this. According to Falcão, this model proved to be more advantageous, offering exit flexibility without losing operational security.

Adaptation to the natural gas market

Falcão highlights that this adaptation movement is part of a learning process in the natural gas market, and that Sulgás maintains as Providers Petrobras and Galp. Furthermore, nine state distributors have an annual contract with transporters to contract capacity in the interconnected gas pipeline network in 2024, including SCGás (SC) and MSGás (MS) in the TBG network, and Bahiagás (BA), Cegás (CE), Copergás (PE), ES Gás (ES), Potigás (RN) and Sergas (SE) in the Transportadora Associada de Gás (TAG) network.

 

Source: EPBR

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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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