Petrobras Poised To Enter New Natural Gas Era Following Discoveries
The Brazilian government hopes to attract more players to its gas sector.
Brunno Braga, Contributor
Petrobras seeks partners for natural gas development. (Source: Vlad Vahnovan/Shutterstock.com)
RIO DE JANEIRO—Brazil’s natural gas production potential has grown thanks to discoveries made in recent years in the Sergipe-Alagoas Basin by state-run oil major Petrobras.
According to the operator, roughly 20 million cubic meters per day of natural gas could be produced from six deepwater fields based on reserve estimates. For ANP, Brazil’s oil and gas regulator, those numbers represent the most promising fields since presalt resources were discovered.
Those gas fields also have an undisclosed amount of light oil of good quality, according to Brazil’s Ministry of Energy (MME).