Gas

The IPO in 2021 coincided with the moment when the company began to explore the natural gas market. It was the first to put into practice the new gas market, using the contracting system of Petrobras plants.

On January 1, 2022, PetroReconcavo started Brazil's first independent gas contract. Currently, it is responsible for 100% of the gas supply to the state of Rio Grande do Norte, which has the lowest price in the country — a reflection of the company's efficiency in this activity.

This transformation was so relevant that, currently, gas represents 42% of all PetroReconcavo's production.

This movement not only diversified the company's portfolio, but also established a new paradigm for the natural gas market in Brazil, with the Northeast recording the most competitive prices in the country — a direct result of onshore production carried out by independent producers.