TBG has closed its first quarterly short-term market contract, effective as of July 1st. A total of 741,000 m³/day of natural gas will be received from Petrobras at the EMED Gascar metering station entry point in Campinas (São Paulo state), up to September 30th. This is the largest volume placed under contract in a single round since this format became available to the market.

Eight natural gas transportation capacity short-term contracts have already been signed by the companies in 2021. This is the first quarterly contract, as the previous seven were under the monthly format.

Negotiation of the eighth short-term contract took place in the seventh round, held by TBG in June. Petrobras now has a total of more than 3.3 million m³/day of transportation capacity under contract. In January of this year, the transporting of 495,000 m³/day of natural gas was placed under contract for the MS1 (Mato Grosso do Sul) and SC1 (Santa Catarina) exit zones. In February it was 430,000 m³/day for the MS1. In March there was a further 455,000 m³/day for the MS1 and SP4 (São Paulo). In April, another 430,000 m³/day for the MS1. And now, in June, 727,000 m³/day at the EMED Gascar entry point.

The purchasing of short-term products is conducted through the portal ofertadecapacidade.tbg.com.br, which is a digital environment for the commercializing of products and services developed by TBG.

The offering of short-term products is an ongoing process and will remain available throughout the 2021 calendar year, enabling market participants to acquire any of the available products (quarterly, monthly and daily). On July 5th, TBG commences Round 8 of offers for short-term product transportation capacity.