Galp Energia Brasil was the winner of the direct sale process carried out by Pré-Sal Petróleo (PPSA) this Tuesday, the 17th, to sell the Union’s first oil load, of 500,000 barrels, arising from Atapu’s production sharing contract. The cargo will be available for loading in the second quarter of the year.

Galp was the company that offered the highest price for the Union’s oil, based on the Reference Price established for Atapu’s oil by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). According to PPSA estimates, the commercialization of this load should generate a collection of R$ 210 million, approximately, to the National Treasury at the time of loading, as payment is based on the reference price of the month in which the cargo is delivered to the buyer.

Ten companies that already operate in the pre-salt layer were invited to participate, and four of them were qualified and sent proposals. All price offers were opened in real time in a meeting held by the Teams platform between PPSA and the participating companies, accompanied by Ministry of Mines and Energy representatives.

Galp, through its subsidiary Petrogal Brasil, operates in more than 26 oil and natural gas projects in Brazil. Galp Energia Brasil was also the winner of the process carried out by PPSA, in August 2022, for the sale of the first oil load from Sépia’s Union, also of 500 thousand barrels.