UNIGEL SIGNS NATURAL GAS CONTRACTS WITH PETROBRAS AND SHELL

Brazilian petrochemical company Unigel has taken an important step towards serving its fertilizer plants in the states of Bahia and Sergipe. Its purchase contract with Petrobras provides for the delivery of natural gas volumes in the firm modality, for a period of four years. In addition, its purchase contract with Shell Energy provides for the delivery of natural gas in firm and flexible terms, for a period of two years. Ensuring Company’s gas supply at a time of global uncertainty is essential, considering the ever-rising power generation costs of this economic recovery scenario. The Unigel Group, one of the largest chemical companies in Brazil, invested more than R$ 510 million in the two plants leased from Petrobras, creating jobs and reducing dependence on imports of products such as ammonia and urea.

Source: Globalfert (*Translated by Ia Niani)