Brazilian state-controlled firm Petrobras has announced its plans to consider offshore units installation to liquefy the growing natural gas production from the pre-salt area.
Reuters reported that the news was announced by the company’s emissions and climate change manager, Viviana Coelho, during a webinar.
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Petrobras is currently dependent on offshore pipelines to bring natural gas produced offshore to the coast, where it is processed.
Petrobras cited a lack of infrastructure as a possible limitation to ship offshore natural gas to the coast for increasing oil production at the pre-salt area.
Viviana Coelho said that Petrobras intends to reduce its routine flaring emissions to zero by 2030.
By 2025, the company aims to reduce greenhouse gas (GHG) emissions by 30% to 50%.
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By GlobalDataAccording to Brazil’s oil regulator, Petrobras used 97.6% of its natural gas in May this year.
In March, Petrobras began the binding phase regarding the sale of its remaining 10% interest in its Transportadora Associada de Gas (TAG) pipeline unit.
In February, the company initiated the binding phase for the sale of refineries in three states of Brazil.
In November last year, Petrobras started the binding phase for the sale of Abreu e Lima (RNEST), Landulpho Alves (RLAM), Presidente Getúlio Vargas (REPAR), and Alberto Pasqualini (REFAP) refineries.
