TBG Signs Contract With Petrobras to Transport Natural Gas

Written by Valdemar Medeiros

Published on 05/01/2021 at 11:57

Transporte de gás natural

Be the first to react!

Brazilian Gas Pipeline Carrier – TBG Signs Short-Term Contract with Petrobras to Transport Natural Gas

The TBG, which will transport natural gas to Brazil alongside Petrobras, owns Gasbol, a pipeline that imports natural gas from Bolivia and serves the Central-South region of the country. The offer begins with quarterly and monthly contracts for available capacities in the network, but there is a forecast for contracting even daily services.

Also Read

“This is a well-established model in the European market and, in Brazil, TBG is a pioneer, meaning it is the first and only to offer this type of product related to the market and conduct transportation alongside Petrobras of natural gas. Short-term products promote flexibility in contracting and generate liquidity in the market,” explains TBG’s CEO, Erick Portela.

Brazilian Gas Pipeline Carrier – TBG Closes Contract with Petrobras

The Brazilian Gas Pipeline Carrier Bolivia-Brazil (TBG) has signed its first Short-Term Product contracts with Petrobras, aiming to provide transportation services starting in January 2021 for the pipeline exits in Mato Grosso do Sul and Santa Catarina.

ARTICLE CONTINUES BELOW

The Contracting

This type of contracting with Petrobras does not require public bidding, unlike firm contracts, and can be terminated or reduced by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

Short-Term Products represent an unprecedented business model in Brazil, aimed at meeting market expectations by allowing natural gas transportation through daily, monthly, or quarterly contracts.

According to TBG, five other companies are evaluating contracting the Short-Term Products from the natural gas carrier, but did not disclose which ones.

TBG Signs Contract With Petrobras to Transport Natural Gas

Brazilian Gas Pipeline Carrier – TBG Signs Short-Term Contract with Petrobras to Transport Natural Gas

Also Read

Brazilian Gas Pipeline Carrier – TBG Closes Contract with Petrobras

The Contracting

Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

Discovery in Africa scares even scientists: a study published on April 23 reveals that the crust in Turkana has become so thin that it could pave the way for the continent’s division and the emergence of an ocean in the future, in a gigantic geological transformation.

Japanese garbage collectors treat filthy trucks as if they were dealership cars, and the obsession with cleanliness is so absurd that they invented a washing machine that only exists for this type of vehicle.

Seen from high in the stratosphere, a Lego Star Devourers rose to 34,988 meters attached to a balloon, returned to Earth intact, and entered the Guinness World Records in a record that seems like science fiction.

In 1991, Brazil’s GDP was almost double India’s, and today it is little more than half: while India grew 6.5% per year and trained engineers, Brazil preferred to train lawyers, and now it is rushing to strengthen ties with the world’s fourth-largest economy.

India built a 21.8-kilometer sea bridge to connect Mumbai to Navi Mumbai, and a journey of up to 120 minutes fell to about 20.

South America’s most famous oasis has an emerald lagoon formed by underground waters in the Peruvian desert. It is located 300 km from Lima, is surrounded by giant dunes, and holds a mysterious mermaid legend.

The electric classic fever resurrected Kombi, Fusca and other street icons, created a billion-dollar market of nostalgia on wheels, and angered collectors who see restomods as an assault against the soul of classics.

The gigantic supersonic Concorde flew so fast that 100 wealthy Americans booked an entire flight to outrun the sunset, pop champagne at Mach 2, and celebrate New Year’s three times.

Massive, isolated and with no crew on board, this “ghost” oil platform operates alone in the middle of the ocean and ushers in a new era in exploration.

TBG Signs Contract With Petrobras to Transport Natural Gas

Brazilian Gas Pipeline Carrier – TBG Signs Short-Term Contract with Petrobras to Transport Natural Gas

Also Read

Brazilian Gas Pipeline Carrier – TBG Closes Contract with Petrobras

The Contracting

Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

Discovery in Africa scares even scientists: a study published on April 23 reveals that the crust in Turkana has become so thin that it could pave the way for the continent’s division and the emergence of an ocean in the future, in a gigantic geological transformation.

Japanese garbage collectors treat filthy trucks as if they were dealership cars, and the obsession with cleanliness is so absurd that they invented a washing machine that only exists for this type of vehicle.

Seen from high in the stratosphere, a Lego Star Devourers rose to 34,988 meters attached to a balloon, returned to Earth intact, and entered the Guinness World Records in a record that seems like science fiction.

In 1991, Brazil’s GDP was almost double India’s, and today it is little more than half: while India grew 6.5% per year and trained engineers, Brazil preferred to train lawyers, and now it is rushing to strengthen ties with the world’s fourth-largest economy.

India built a 21.8-kilometer sea bridge to connect Mumbai to Navi Mumbai, and a journey of up to 120 minutes fell to about 20.

South America’s most famous oasis has an emerald lagoon formed by underground waters in the Peruvian desert. It is located 300 km from Lima, is surrounded by giant dunes, and holds a mysterious mermaid legend.

With the Strait of Hormuz blocked by the Israel-Iran war for 60 days, Brent surpassed US$111 and marks its seventh consecutive rise — and Trump says that Iran asked to open the oil route.

While OPEC curbs production, three South Atlantic countries will account for half of the world’s oil growth in 2026 — Brazil leads, but Guyana is the biggest surprise

From a US$ 7 billion deficit in 2013 to a record US$ 7.8 billion surplus in 2025: Vaca Muerta has become Milei’s economic lung in Argentina

On May 1st, OPEC loses 113 billion barrels and 59 years of alliance: how the UAE’s exit can change the price of oil worldwide

In just five days, Europe began to lose 30% of Russian gas — and Nigeria entered the game that could change the planet’s energy balance.

The electric classic fever resurrected Kombi, Fusca and other street icons, created a billion-dollar market of nostalgia on wheels, and angered collectors who see restomods as an assault against the soul of classics.

The gigantic supersonic Concorde flew so fast that 100 wealthy Americans booked an entire flight to outrun the sunset, pop champagne at Mach 2, and celebrate New Year’s three times.

Massive, isolated and with no crew on board, this “ghost” oil platform operates alone in the middle of the ocean and ushers in a new era in exploration.