50.24$US/1 Barrel
65.52$US/1 Barrel
60.92$US/1 Barrel
75.91$US/1 Barrel
75.61$US/1 Barrel
75.71$US/1 Barrel
77.66$US/1 Barrel
70.15$US/1 Barrel
72.00$US/1 Barrel
74.25$US/1 Barrel
55.80$US/1 Barrel
62.00$US/1 Barrel
55.28$US/1 Barrel
67.00$US/1 Barrel
64.72$US/1 Barrel
60.50$US/1 Barrel
62.00$US/1 Barrel
59.25$US/1 Barrel
64.25$US/1 Barrel
65.75$US/1 Barrel
485.00$US/MT
378.00$US/MT
705.00$US/MT
585.00$US/MT
508.00$US/MT
518.50$US/MT
368.00$US/MT
395.25$US/MT
678.00$US/MT
880.50$US/MT
SEATTLE (Oil Monster): Brazilian majority state-owned petroleum industry company Petrobras announced that it has signed a new natural gas supply agreement with Santa Catarina-based industrial player Portobello.
Petrobras is entering the ceramics industry with this deal. Additionally, it will be essential in enhancing its position in the state's unrestricted natural gas market. It will also assist Petrobras in expanding its clientele into new Brazilian industries.
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By guaranteeing a steady and effective energy supply to support its creative operating performance, the new contract is anticipated to increase Portobello's energy efficiency and overall competitiveness. The company will have safe access to natural gas thanks to the Petrobras deal, which will allow it keep up its dominant position in the nation's ceramics market.
To facilitate the development of natural gas supply throughout the nation, Petrobras is now investing heavily in new infrastructure projects. The business has been concentrating on building distribution networks, pipelines, and storage facilities.
The new deal with Portobello fits in nicely with Petrobras's continued plan to concentrate on providing a strong and varied variety of gas products, said Alvaro Tupiassu, Executive Manager of Gas and Energy.