Published in 05/06/2018

On Monday, Pré-Sal Petróleo executed two contracts for the purchase of natural gas with Petrobras, referring to the Sapinhoá and Lula fields, located in the Pre-Salt Polygon. The contracts are valid until December 2018 and they represent one daily volume to the order of 230 thousand cubic meters. The negotiation was made directly by Pré-Sal Petróleo, a company linked to the Ministry of Mines and Energy (MME) which is responsible for the commercialization of the Federal Government’s share of oil and gas in the pre-salt. The beginning of the delivery of the gas to Petrobras depends on approval of the Production Unitization Agreements of both fields by the National Petroleum Agency (ANP).

The Sapinhoá Field, located in the Santos Basin, is exploited by a consortium composed by Petrobras (operator, with 45%), Shell (30%) and Repsol (25%). The Lula field is the principal producer of the pre-salt and is also located in the Santos Basin. The field is operated by Petrobras (65%) with Shell (25%) and Repsol-Sinopec (10%) as partners.

About Pré-Sal Petróleo

The mission of Pré-Sal Petróleo: to manage the sharing contracts; represent the Federal Government in the production unitization agreements and to perform the commercialization of all the hydrocarbons belonging to the Federal Government. Created in November 2013, the company seeks, through efficient management, to reconcile the interests of the State with the advancement of the national industry and social development. All the revenue generated in the commercialization will be directed to the Social Fund and to the areas of basic education and health. Brazilian society is a direct beneficiary of the activities of Pré-Sal Petróleo.

More information: http://www.presalpetroleo.gov.br

Information for the press:

Andréa Dunningham
21-35131764/994312991
andrea.dunningham@ppsa.gov.br