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Brazil lowers price of natural gas

01/10/2023

Less than a minute

2023.01.10 07:09

Brazil's Petrobras to cut natural gas prices by 11.1%
Brazil lowers price of natural gas

Budrigannews.com – On its website, the state-owned oil company Petrobras of Brazil announced on Tuesday that it would reduce prices by an average of 11.1% beginning on February 1.

Natural gas prices are pegged to international oil prices and foreign exchange rates on a quarterly basis by Petroleo Brasileiro SA, as the company is officially known.