Petrobras, Repsol & Shell ink Pact for Natural Gas Transportation & Processing
Santos Basin pre-salt offshore gas pipelines partners Petrogal Brasil, Repsol Sinopec Brasil, and Shell Brasil signed agreements for sharing natural gas transportation and processing infrastructures. The contracts provide for the physical interconnection and sharing of transportation capacities on routes 1, 2, and 3 (the latter owned by Petrobras and under construction), giving rise to the Integrated Natural Gas Transportation System . In the future, other companies producing natural gas will be able to adhere to the current contracts, subject to their provisions and provided that there is transportation capacity available in the System.
In addition to the SIE, also foreseen are contracts that constitute the Integrated Natural Gas Processing System, which covers the companies’ access to processing units, owned by Petrobras, located in Caraguatatuba, São Paulo, Cabiúnas, and Itaboraí (in construction), both in Rio de Janeiro. With the signing of these contracts, the companies will be able to transport the gas produced in the Santos Basin pre-salt fields over any of the export routes and process it in the plants owned by Petrobras.
With the signing of these contracts, the companies will be able to transport the gas produced in the Santos Basin’s pre-salt fields over any of the export routes and process it in the plants owned by Petrobras.
The combination of SIE and SIP is another essential step for companies to be able to sell their volumes of natural gas directly to their customers. This movement is part of a set of actions that enable the diversification of agents, resulting in increased competition and in a reduction in Petrobras’ participation in all links of the natural gas chain, in compliance with the commitments taken-on with the Administrative Council for Economic Defense in July 2019.
Source : STRATEGIC RESEARCH INSTITUTE