Home Business IBP Launches 2019 Events’ Calendar of Oil and Gas Sector

IBP Launches 2019 Events’ Calendar of Oil and Gas Sector



The Brazilian Petroleum, Gas and Biofuels Institute (IBP) launched the calendar of events for the oil and gas sector in Rio de Janeiro on the 22nd. Last, Jose Firmo, president of the Institute, met new directors of Petrobras to discuss the perspectives of the energy sector. Anelise Lara, executive director of Refining and Natural Gas, Carlos Alberto Pereira de Oliveira, executive director of Exploration and Production (E & P), and Rudimar Lorenzatto, executive director of Development of Technology and Production, discussed how the new industry landscape can impact on planning and investment.

“In the midst of the positive recovery scenario, the sector is looking for a space to exchange tendencies between new companies and those already consolidated in the country. In order to increase connections and contribute to industry development, IBP focuses on transforming events into a great knowledge platform, “said Victor Montenegro, senior event manager for IBP.

Petrobras’ Executive Director of Refining and Natural Gas, Anelise Lara, says that the company wants to work together with the industry, attracting new players that can contribute to a more dynamic and competitive sector. The national market for natural gas, for example, has almost exclusively Petrobras presence, that is, it is practically a monopoly due to regulatory issues. Today, the company seeks more active management of its portfolio in order to ensure a better return on invested capital.

Currently, the national gas demand is 80 million cubic meters per day, with domestic production being 50 million cubic meters per day. Another 23 million cubic meters are imported from Bolivia and it is still necessary to use approximately 7 million cubic meters of LNG. “Brazil is still an importing country and the price of gas is impacted by the fact that we do not have the availability of gas like the American market. To reduce this resource, investments will be necessary to increase Brazil’s domestic production, through Petrobras and partners, “he said.

For Jose Firmo, president of IBP, Brazil is going through an opportunity for transformation and re-industrialization through the gas. “We created a new wave capable of generating enough gas and volume to cause an industrial transformation in Brazil. Now, the focus is to decide what we will do with this opportunity in the coming years: to divert gas, both for injection and for export, or to use it in the country to stimulate a transformation similar to the one that the United States used to boost its industry. Increasingly, Brazil intends to be able to compete globally with a resource that has an extraordinary component for the energy transition , which is the low carbon content, “he said.

Anelise also defended the need for a national operator to manage the entire gas network. “This management is made today by Petrobras, but it loses its meaning from the market opening for new participants. It requires an external operator,” he said.