Today: October 18, 2024
June 27, 2022
1 min read

PPSA records record collection for the Union

Production on a shared basis increases with the entry of the Búzios Field

In the first six months of this year, Pré-Sal Petróleo (PPSA) raised R$ 1.23 billion with the sale of the portion of oil and gas under Union law in production sharing contracts.PPSA records record collection for the Union

According to the company, today (27), in Rio de Janeiro, the amount is a record since its creation and exceeds by 1% the amount collected last year (R$ 1.22 billion).

Created in November 2013, Pré-Sal Petróleo operates in the management of production sharing contracts, management of the commercialization of oil and natural gas and the representation of the Union in unitization or individualization agreements.

In the first half of 2022, oil from contracts for the Mero, Tupi and Sapinhoá pre-salt fields was sold to Petrobras, which won the cargoes in an auction held on the B3, Stock Exchange. These fields are located in the Santos Basin (SP).

Volume

By the end of the year, 19 cargoes of 500,000 barrels of oil each are expected to be sold. Of this total, seven loads have already been delivered. Between January and June, natural gas from contracts for the pre-salt fields of Búzios, Sapinhoá and Tupi was also sold.

In PPSA’s assessment, the result obtained in the first half of this year confirms the expected growth for the Union’s revenue from the commercialization of its share in the oil production sharing contracts. Until next December, the expectation is that the collection will reach close to R$ 4 billion. The resources are destined to the National Treasury.

Since 2013, PPSA has raised BRL 5.21 billion for the Federal Government, of which BRL 3.9 billion resulted from commercialization and BRL 1.3 billion from Equalization of Expenses and Volumes (EGV), financial settlement resulting from the Agreements Individualization of Sapinhoá, Tupi and Tartaruga Verde Production.

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Previous Story

Minsal affirms that a fourth dose “leaves us very well prepared” but leaves the door open for a fifth

The Government seeks to promote international investment in Vaca Muerta
Next Story

Guzmán discarded a "reprofiling" and said that the debt in pesos is "sustainable"

Latest from Blog

Cuba, Fidel Castro, Bienal del humor político, humor, humor político

Government of pathological liars

HAVANA._Precisely one of the darkest days, when More than half of the circuits in Cuba were in blackoutCuban President Miguel Díaz-Canel occurred to say before the FAO that the Island has a
Local manufacturing generates 147,205 formal jobs

Local manufacturing generates 147,205 formal jobs

In the Dominican Republic, local manufacturing has shown notable dynamism in the first eight months of 2024, with accumulated growth of 3.8%. In August, this growth was accentuated, reaching 6.8%. This increase
Go toTop