Natural gas net production projection grows by 4%

Projeção de produção líquida de gás natural cresce em 4%
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With revision for PDE 2032, projection of net and gross production of natural gas increases. Check out.

According to the Energy Research Company (EPE), projections of net natural gas production in the country should grow 4% over the next ten years, in relation to the current Ten-Year Energy Expansion Plan (PDE) 2031.

Currently, Brazil has one of the largest natural gas reserves in the world. Production in 2021 reached a new record, with an average of 134 million cubic meters produced per day (MMm³/d), according to data released by the National Oil and Gas Agency (ANP). The value represents a 5% growth compared to 2020, when production was 127 MMm³/d.

Rio de Janeiro is the main producer of natural gas and accounts for more than 60% of national production. In addition to Rio, the states of Amazonas, Maranhão, Bahia, Espírito Santo and São Paulo also have expressiveness in gas production.

What is the projection of natural gas net production for the next 10 years?

Because of its immense natural resources, Brazil has become a major contributor to global natural gas production. In the 2032 Decennial Energy Expansion Plan, there was a revision of some data in relation to the 2032 PDE. In all, 911 UPs were analyzed for the 2032 PDE Production Forecasts.

Net production is that actually available to the market, discounting reinjection, burning, losses and own consumption in the production units. Thus, the new forecast is that the volume will double between 2022 and 2032, with a net production of natural gas expected for the year 2032 of 134 million m³ per day. Of the total forecast, 87% are supported by resources already discovered, adding the total reserve and contingent resources.

The increase reflects the new development plan for Campo de Búzios, operated by Petrobras, in addition to discoveries in blocks AM-T-84 and PN-T-69, in the Amazonas and Parnaíba basins.

Of the total of 12 UEPs planned for the Field, seven have productive capacities greater than those estimated in the PDE 2031. Among these seven UEPs, five of them will not provide natural gas, causing the drop/level observed from 2027 to 2032.

The forecast for gross natural gas production, which represents total production before discounts for own consumption, injection, flaring and losses, has an average increase of 13% compared to the estimates presented in the PDE 2031.

Oil production in Brazil should reach its peak of 5.4 million barrels/day in 2029 and start to fall in the following years, reaching 4.9 million barrels/day in 2032.
There were no major changes in projected volumes in relation to the current PDE.

Although there is great expectation in increasing the volume of liquid gas and natural gas production, the storage and storage infrastructure needs to be developed. With the enactment of the new Gas Law, the sector hopes that the rules will become clearer, bringing more interested parties and more investments to the sector.

After all, natural gas, available in the national territory, can make a great contribution, expanding the country’s energy security. Did you like this content? To learn more about biogas, read the content on its use in aviation and maritime transport.

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