Also according to the company, since December 2022, the average price of the molecule sold to distributors has accumulated a reduction of around 38%
Petrobras announced this Tuesday, the 27th, that it will reduce the price of natural gas by an average of 7.8% for distributors from February 1st, as previously anticipated by Petrobras’ director of Energy Transition and Sustainability, Angélica Laureano.
Contracts for the sale of natural gas to distributors provide for quarterly updates of the portion of the price related to the gas molecule and traditionally link this variation, up or down, to fluctuations in Brent oil, the R$/US$ exchange rate and, since the beginning of the year, also to variations in the Henry Hub.
According to the state-owned company, at the beginning of 2026 the portion indexed to the Henry Hub (reference for the natural gas market in the United States) began to be valid for distributors who opted for this indexation alternative.
“It is important to highlight that the effective final price variations per distributor will depend on the contracted products and the volumes actually withdrawn, considering the premiums created by Petrobras from 2024 onwards, which allow for a price reduction depending on the volumes withdrawn: the performance premium and the demand incentive premium”, informed Petrobras.
Petrobras highlighted that the final price of natural gas to the consumer is not only determined by the company’s selling price of the molecule, but also by the cost of transportation to the distributor, by each distributor’s supply portfolio, as well as by their margins (and, in the case of CNG – Vehicular Natural Gas, from resale stations) and by federal and state taxes.
Also according to the company, since December 2022, the average price of the molecule sold to distributors has accumulated a reduction of around 38%, including the effect of the February reduction.
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