Natural Gas

Petrobras will reduce the price of natural gas by 11.1% per m³ as of February 1st

T&B Petroleum/Petrobras Agency
10/01/2023 15:10
Petrobras will reduce the price of natural gas by 11.1% per m³ as of February 1st Imagem: Divulgation Visualizações: 2506 (0) (0) (0) (0)

As of 02/01/23, according to the contracts agreed by Petrobras with the distributors, the updated natural gas sales prices - transported and distributed through pipelines - will have an average reduction of 11.1% in R$/m³, in relation to to the November-December-January quarter. Such contracts provide for quarterly updates and link the variation in the price of gas to fluctuations in Brent oil and the exchange rate. During this period, oil fell by 11.9%; and the exchange rate depreciated by 0.2% (that is, the amount in reais to convert into a dollar increased by 0.2%). There was also, as provided for in the contracts entered into at the end of 2021 and effective from 01/01/2022 to 12/31/2025, a reduction in the pricing formula from 16.75% of Brent to 14.40% of Brent.

Petrobras emphasizes that the final price of natural gas to the consumer is not determined only by the company's selling price, but also by the supply portfolio of each distributor, as well as by its margins (and, in the case of CNG, the resale stations ) and federal and state taxes. In addition, consumer tariffs are approved by state regulatory agencies, pursuant to specific laws and regulations. It is important to inform that the update announced for 02/01/23 does not refer to the price of LPG (cooking gas), packaged in cylinders or sold in bulk.

Most Read
see see
Partnership
DeepOcean and Jana Marine enter Saudi Arabia subsea part...
04/11/25
ADIPEC 2025
ADIPEC 2025: Industry calls for policy pragmatism, embra...
04/11/25
ADIPEC 2025
Johnson Matthey: Leadership and Innovation Driving the G...
31/10/25
OTC Brasil 2025
OTC Brazil connects the Equatorial Margin’s potential to...
30/10/25
OTC Brasil 2025
New Version of ANP’s Greenhouse Gas Emissions Dynamic Da...
30/10/25
OTC Brasil 2025
Port of Açu and IKM Advance Partnership to Create Brazil...
30/10/25
OTC Brasil 2025
Port of Açu and SISTAC Sign Agreement to Provide Decommi...
29/10/25
Royalties
Royalties from August Production Distributed to States a...
29/10/25
OTC Brasil 2025
iUP Innovation Connections Links Innovation Strategy to ...
29/10/25
ANP
Permanent Production Sharing Offer: Registered Companies...
29/10/25
OTC Brasil 2025
Firjan Showcases Technology and Innovation Solutions for...
29/10/25
OTC Brasil 2025
O&G exploration is key to social development and a just ...
28/10/25
OTC Brasil 2025
Experts warn regulatory instability threatens US$100 bil...
28/10/25
International Company News
Sercel Awarded Major Contract by ONGC to Supply Sercel 5...
28/10/25
Record
Petrobras announces production record of FPSO Almirante ...
28/10/25
OTC Brasil 2025
Event brings together global offshore industry leaders a...
28/10/25
OTC Brasil 2025
Petrobras participates in OTC Brasil 2025, in Rio de Janeiro
28/10/25
Petrobras
Petrobras produced 3.14 million barrels of oil equivalen...
27/10/25
FIRJAN
By 2035+, Rio de Janeiro State’s Energy Potential Could ...
23/10/25
Pre-Salt
PPSA to auction in December the first share of governmen...
23/10/25
Auction
Petrobras wins auction and leases RDJ07 terminal at the ...
23/10/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.