Petrobras announces US$5.2 billion to expand gas supply

The president of Petrobras, Jean Paul Prates, announced this Monday (17) an investment plan of US$5.2 billion to expand the supply of gas production and flow during a seminar at the headquarters of the Federation of Industries of the State of São Paulo (Fiesp).

The Strategic Plan 2023-2027 foresees the development of new fields and infrastructure that will add 55 million cubic meters of gas per day to the Brazilian market.

Among them are projects in partnership with Sergipe Águas Profundas (SEAP), with a capacity of 18 million m³/day, and BM-C-33, in the Campos Basin, with a capacity of 16 million m³/day, and the Integrated Project Rota 3, foreseen for 2024 and with a capacity of up to 21 million m³/day.

Prates also explained the need to reinject part of the extracted gas into the fields due to the decarbonization process and increased oil production.

According to Petrobras, the pre-salt gas contains a large amount of CO2 that needs to be reinjected due to the pressure conditions in the reservoirs – “this process provides greater oil production,” he says.

According to the state-owned company, approximately 40% of the reinjected gas was due to CO2 in 2022, and another 40% to increase oil production.

The remainder is due to the lack of a consumer market (Northern system) and temporary limitations of outflow infrastructure, which “will cease to exist with the entry into operation of Rota 3 next year,” the company stated.

With information from Gazeta do Povo