The Director of Administration, Finance, and Commercialization of PPSA (Pré-sal Petróleo S.A.), Samir Awad, announced this Tuesday (17) at the workshop “Natural Gas: Measures for a Competitive Market” that the company is considering holding an auction in 2025 to offer the Government’s natural gas at the exit point in the SIP (Integrated Processing System). In this way, the Government’s natural gas could be marketed directly to market agents, increasing competition. Currently, PPSA sells the Government's natural gas at the wellhead, and according to Awad, with this new initiative, the expectation is to increase profitability for the Government.
“Initially, we thought about starting to market the Government's natural gas at the exit of the SIE (Integrated Evacuation System) to sell the shared gas at the system’s exit. However, with the new CNPE resolution, we created a task force at PPSA to already study the SIP agreement. The goal is to be able to offer this gas in an open, public, and competitive bid as early as next year. We believe this is the best way to fulfill our legal obligation to maximize economic results for the Government,” he said at the event organized by the National Confederation of Industry (CNI).
In his presentation, Awad presented the expected growth curve for the Government’s natural gas. According to him, by the end of this decade, the production-sharing agreements managed by PPSA will reach their production peak, with 3 million m³ per day.
The panel was moderated by Rennaly Sousa, Specialist in Policies and Industry at CNI, and featured the participation of Marcello Weydt, Director of the Natural Gas Department at the Ministry of Mines and Energy, Adrianno Lorenzon, Director of Natural Gas at Abrace Energia, and Sylvie D’Apote, Executive Director of Natural Gas at IBP. The event, which took place online, discussed the key measures of the new CNPE resolution, which establishes additional guidelines for the Government’s oil and natural gas marketing policy.
Check the presentation here.