Vallourec and Petrobras sign purchase and sale agreement for natural gas in the free market
Vallourec and Petrobras have signed a purchase and sale agreement for natural gas within the scope of the free market, with supply beginning on July 1, 2025. This reinforces the long-standing strategic partnership between the two companies. The natural gas will be supplied to Vallourec’s units located in Barreiro and Jeceaba, both in the state of Minas Gerais.
The agreement marks an important milestone in the relationship between the companies, which already share a solid history of commercial partnerships. Vallourec is one of Petrobras’ main suppliers of premium steel tubes, through which a significant portion of its oil and gas production flows. Now, with Petrobras as a natural gas supplier, the partnership is further strengthened.
“Vallourec’s transition to the free market model for natural gas commercialization represents a strategic advancement in the company’s energy matrix management. This new model offers greater autonomy, cost predictability, and flexibility in choosing suppliers, while also contributing to the competitiveness and sustainability of our operations,”
The contract aligns with Vallourec’s commitment to the responsible use of natural resources and reinforces Petrobras’ role as a key player in the expansion of Brazil’s free gas market.
“Each new contract signed reaffirms Petrobras’ commitment to serving the domestic market and validates the strategies we’ve adopted. In the second quarter of this year, we recorded an increase of over 240% in the number of free market clients, resulting in a natural gas volume exceeding 6 million m³/day in the segment, with lower prices,” highlights Álvaro Tupiassu, Petrobras’ Executive Manager for Gas and Energy.
Petrobras is continuously working to expand and consolidate its client portfolio in the free natural gas market, offering a variety of contract options tailored to customer needs, with different terms and indexation models. The company also has over US$7 billion in planned investments for new natural gas supply infrastructure.
