Industry Throws All the Volume Offered at the 1st Union Gas Auction
5 Articles
5 Articles
The steel industry CSN (CSNA3), the mining company Vale (VALE3) and the petrochemical company Braskem (BRKM5), among other major industrial companies, have won lots of natural gas from the Union offered in unpublished auction of the input made by Pre-Salt Oil (PPSA) on Thursday (22), according to data from the platform of the event. The first auction for direct sale of gas to industry [...]
Companies such as Vale, Gerdau, CSN and Braskem threw lots; dispute was the first of the Union's new gas marketing policy. Read on Power360.
A total of 1.1 million m3/days were negotiated; additional smaller winners per sector ranged from US$1.82 to US$4 per million BTU
The PPSA (Pré-Sal Petróleo), a public company linked to the Ministry of Mines and Energy, held on Thursday (22) the auction of 110 lots of natural gas from the Union. It was offered 1.1 million cubic meters per day of natural gas from the Union, with supply between March and December 2027. Read more (10/22/2026
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