Petrobras is discussing seven new potential natural gas supply contracts in its efforts to increase Brazil’s domestic gas supply and lower prices for consumers, Reuters reports, quoting sources close to the talks. Brazil’s state oil and gas giant is under pressure from the government to boost local gas supply from its offshore oil and gas projects and reduce domestic gas prices, according to Reuters’ sources. Petrobras is thus negotiating seven new supply deals for gas expected to come from three projects offshore Brazil, which…
