Petrobras & Potiguar E&P Sign Contracts for Gas Pipelines & NG Processing Plant

Source: 11/16/2021, Location: South America

Petrobras and Potiguar E&P, a subsidiary of PetroReconcavo, signed, contracts for the flow of natural gas produced on land by Potiguar E&P in the state of Rio Grande do Norte. The contracts include the assignment of use of the Guamaré Natural Gas Flow System (SEG Guamaré), the use of the natural gas processing plant at UPGN Guamaré, as well as the sale, by Potiguar E&P, of natural gas condensate (C5+ ).

The agreement enables direct service to the market by Potiguar E&P, which won the Public Call for gas supply carried out by Companhia Potiguar de Gás (Potigás) and signed a two-year contract, with the sale of 236,000 m³/d of natural gas to from 01/01/2022.

The signing of contracts between Petrobras and Potiguar E&P is another step in the construction of an open, competitive and sustainable natural gas market. This movement is part of a set of actions that enable the diversification of agents, resulting in increased competition and a reduction in Petrobras' participation in all links of the natural gas chain, in compliance with the commitments assumed with the Administrative Council for Economic Defense (CADE), in July 2019.

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