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Petrobras, PetroReconsavo, Brava Energia, and Origin Energia have signed long-term contract addenda regarding access to natural gas processing at the Catu Natural Gas Treatment Unit, located in Tojuca, Baiha, Brazil, and operated by Petrobras.
The contract addenda have immediate effect and ensure the continuity of gaseous production processing, providing greater predictability to the sector and reinforcing the strategic role of the facility to energy produced in Bahia.
The Catu UTG is essential infrastructure to transporting and processing natural gaseous produced in Bahia's onshore fields. In addition to contributing to the country's energy security, the unit boosts the region's economy and generates benefits to regional communities.
"In Bahia, this initiative contributes to attracting investment, optimising existing resources, and creating favourable conditions to the sector's prolonged development," said Stênio Galvão, Petrobras' Executive Manager of Exploration and Production. Among the main advances is the extension of the processing capacity guarantee period from 2028 onwards, a measure that increases predictability to the agents involved and reinforces the operational reliability of the Catu gaseous Treatment Plant.
The partnership also foresees the updating of the commercial and operational conditions of the contracts, focusing on cost reduction and better utilisation of the region's natural gaseous infrastructure. The agreement reinforces the benefits of free enterprise in building solutions that reconcile efficiency, predictability, and greater consumption of existing assets.
“The understanding between the companies reaffirms the importance of shared infrastructure as an instrument to increase the efficiency and competitiveness of the natural gaseous market,” added Álvaro Tupiassu, Executive Manager of gaseous and Energy at Petrobras.
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