REGIONAL AND GLOBAL ASPECTS
The Brazilian market is increasingly becoming part of the global LNG market. The expansion of this supply of imported gas has increasingly incorporated characteristics of the global market to the development of the Brazilian market. In addition, regionally, we have strong interaction with Bolivia through Gasbol, and with the Argentine market. Against this background, the presentation of papers evaluating these markets and their impacts on our industry certainly enrich the debates about natural gas.
- Evolution of the energy matrix in developing countries
- World Geopolitics of Natural Gas
- Regional opportunities and challenges
- Regional supply prospects – Argentina and Bolivia
- Solutions to enable energy integration
ECONOMIC AND FINANCIAL EVALUATION OF PROJECTS
The gas market in Brazil has been developing rapidly in recent years, and the expectation is that this process will gain even greater momentum with the approval of the new Gas Law. As a reflection of this new environment, more investments have been made by new and old actors in the entire natural gas value chain, from the flow activity to new thermal generation projects.
A deeper understanding of the tax, economic and financial framework, through the presentation of existing/potential projects or specific studies that present, in a concrete way, the challenges that need to be overcome. These can serve as a guide and point out the best path to the development of the sector, encouraging investments throughout its value chain.
- Thermal Generation
- C2/Liquid Infrastructure
- LNG Terminals – REGAS and Liquefation
- Transportation and distribution
LNG has been shown to be an important source of supply for the Brazilian market, being primarily used for supply in thermal generation. In this context, the understanding of the operation of this market, with a more in-depth look at supply and demand scenarios, price perspectives, commercial issues and new technological developments are extremely relevant.
- Global supply vs. demand scenarios;
- Contracts (long term vs. short term)
- New technologies
- Price outlook
The demand for natural gas is today one of the main challenges for the development of the Brazilian natural gas market. In this context, the industrial sector has an extremely relevant role both for its scale and for the fact that it is a steady consumer, which for the associated domestic gas producer is an important characteristic for the monetization of this gas. The discussions on this topic have great relevance for any debate on the openness and competitiveness of the Brazilian natural gas market.
- Industrial enterprises as market anchor
- Natural Gas as fuel for the industrial sector
- Natural Gas as raw material for the industrial sector.
- Impact of industrial demand on domestic gas and LNG supply
The natural gas industry is composed of a series of segments that interconnect to allow the gas produced in the upstream to be processed and moved to consumers. The efficient use and investments in infrastructure assets are critical aspects for the monetization of natural gas, which also depends on the existence of demand to enable these investments.
Access to essential infrastructure (outflow ducts, processing plants and regasification terminals), to gas transport and distribution pipelines is a necessary condition to allow the development of an open, dynamic and competitive market.
Therefore, the discussion on infrastructure is of great importance, particularly in a context in which it seeks to attract new agents and more investments for the sector, encouraging competition in the different activities of the chain.
- Essential infrastructures: Flowlines
- Essential infrastructures: UPGNs
- Essential infrastructures: LNG Terminals
- Pipeline Transport
- Transportation and distribution via CNG and LNG
Natural gas thermoelectric generation has played a relevant role in the supply of electricity. In Brazil it presents itself as an alternative that promotes safety in the supply of energy and can serve as an “anchor” for the development of a gas market, domestic gas production projects and LNG imports.
The need to expand the interaction between the electricity sector and the natural gas sector has been increasingly important, and the debate on the issues pointed to this theme aims not only to reduce the asymmetry of information between these markets, but also to point out ways for the sustainable use of natural gas as an alternative for electricity generation and as fuel/raw material for the industrial sector.
- Complementarity with renewables
- Generation as a market anchor
- Impact of thermal generation on domestic gas and LNG supply
- Solutions to meet the flexibility of thermoelectric dispatch
NATURAL GAS SUPPLY
The Brazilian natural gas market is traditionally served by domestic supply and natural gas imported from Bolivia. In the last decade, with the construction of regasification terminals, liquefied natural gas (LNG) has also become an important source of supply, particularly for the service of thermal power plants. Today the country is also supplied by the production of natural gas from the pre-salt.
There are, therefore, a number of possible sources of supply, in a context of growth of national production and greater insertion of the Brazilian gas market in the global market.
The themes of this topic aim to raise discussions that may affect the supply of natural gas to Brazil, considering changes in the international market, such as those promoted by North American shale gas, as well as regional perspectives (Latin America) and local perspectives, particularly with regard to pre-salt.
- Alternatives for increased supply on the coast
- Import – LNG
- Import – Pipelines (Latin America)
- Unconventional: Biogas
- Unconventional: Shale gas, tigh sands, CBM – Coal Bed Methane
- Domestic gas and LNG supply
- Natural gas production in Brazil: Perspectives
- Natural gas production in Brazil: land and offshore production (post-salt and pre-salt)
The Brazilian natural gas industry has been going through an important transformation process. The repositioning of Petrobras allowed the insertion of new agents in different segments of this industry.
With the recent approval of the Gas Law (Law 14,134/21) and the Decree regulating this Law (Decree 1073/21) we have a fundamental improvement in the legal framework, which streamlines the activities developed along the natural gas value chain. As a consequence of this change in the legal framework, it will be necessary to propose new standards or to revise the regulations of various existing provisions. In this sense, it is essential to have a broad discussion of the issues that will be regulated, in order to contribute to the establishment of a business environment that attracts new agents and promotes investments for the sector.
- Production, import, disposal, processing and gas terminals
- Gas quality
- Transportation, Storage, Distribution and Marketing
MARKET AND PLANNING
The natural gas industry is capital intensive with investments with long-term return. For this reason, the final investment decisions in the different activities of the chain are impacted not only by the institutional and regulatory environment in force, but also by the development prospects of the industry.
This block aims to discuss different market scenarios for natural gas, both nationally, regionally and internationally, considering the regulatory, technological, environmental, socioeconomic, institutional aspects, among others, that can change the profile of consumption and supply of natural gas.
- International experience in implementing Hubs
- The natural gas industry in 30 years: preferences related to environmental issues
- Offer vs. Demand Scenarios: Latin America
- Offer vs. Demand Scenarios: Brazil
- Offer vs. Demand Scenarios: LNG Trading
- Offer vs. Demand Scenarios: World perspectives
- Commercialization: Competitiveness and Pricing
- Commercialization: Free market
- 09.Contributions to the simplification of the process of expansion of natural gas transport capacity.
- Management of the transport system;
- VHubs – access to information, flexibility and balancing
- Natural gas industry in 30 years: potentially disruptive technologies
- Contractual flexibility instruments
- Physical instruments of flexibility – demand – industrial
- Flexibility physical instruments – demand – thermoelectric
- Physical flexibility instruments – supply – LNG/Regas
- Physical flexibility instruments – offer – Upstream
- Commercial and operational integration between carriers
- New features and materials complementary to or competing with the natural gas industry
- The role of pipelines in fostering the truly competitive market in the commercialization of natural gas
- Technology and implementation of hubs/capacity contracting in the input and output model
- Energy transition and impacts on asset pricing
- Gas uses: Cogeneration and distributed generation
- Gas uses: Residential, commercial, industrial, vehicular