Petrobras takes part in debate on natural gas at CERAWeek

Petrobras' Director of Energy Transition and Sustainability, Mauricio Tolmasquim, took part on Wednesday (3/20) in the panel "Latin America's Natural Gas Future" during CERAWeek in Houston, USA. With representatives from companies in Argentina, Mexico, Colombia, and Petrobras, the central theme of the debate was the challenge of developing the potential of gas reserves as well as technological solutions to reduce the cost of green hydrogen and increase its scale.
 
The participants in the debate agreed that Latin America is rich in quality energy resources with great potential. They also unanimously listed the main challenges for developing this potential, which include planning, infrastructure, and lower costs.
 
"The forecast is that, by 2030, Brazil will be the country with the lowest green hydrogen operating costs," commented Tolmasquim. The director argued that new technologies are being studied to make green hydrogen production cheaper.
 
The executive also commented that Petrobras consumes large volumes of grey hydrogen in its refining activities, which is why the company sees the green hydrogen market as an opportunity. "We can replace grey hydrogen with green hydrogen in our refineries," he said.
 
Concerning the gas market, Tolmasquim commented that one of Petrobras' strategies is to expand supply by investing in the infrastructure of projects such as Rota 3, which will have a gas pipeline with a capacity of 18 million m3 per day; the BMC-33 project, which provides for a gas pipeline with a capacity of 16 million m3 per day; and Sergipe Águas Profundas - SEAP, which provides for a further 18 million m3 per day of capacity.