Centrica signs Brazilian LNG supply agreement
London, February 21, 2025, (Oilandgaspress) ––Centrica announces that it has entered into a major Sale and Purchase Agreement (“SPA”) with Petrobras, the leading Brazilian integrated oil & gas company.
The contract provides for the purchase by Petrobras of 0.8 million tons per annum (MTPA) of LNG for 15 years, commencing in 2027. The agreement comprises approximately 30% of Centrica’s US portfolio and will be sourced from Centrica’s Sabine Pass and Delfin supply agreements.
This new partnership underscores Centrica’s commitment to deliver secure and sustainable energy solutions in the transition to a lower carbon future. The agreement marks a significant step in expanding Centrica’s global LNG business, diversifying the locations it can deliver LNG to and supporting energy security in Brazil with an important new long-term partner.
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