Petrobras on Contracts with TAG

Instant Max AI Immediate Frontier

(Petrobras, 22.Dec.2021) — Petrobras informs that, as part of the actions taken to open the Brazilian natural gas market, signed, today, with Transportadora Associada de Gás S.A. (TAG) the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha Nordeste, Gasene and Pilar-Ipojuca Natural Gas Transportation Contracts (Amendments), which reflect the referred flexibility limitation of Petrobras. These instruments allow for the access of other agents to TAG’s transportation system as of 1 January 2022.

The execution of the Agreement and Amendments was carried out after approval by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) and is in line with the commitment made by Petrobras under the Commitment Agreement (TCC), signed on 07/08/2019, between the Administrative Council for Economic Defense – CADE and Petrobras.

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