Brazil gas availability rises in June
Total natural gas made available to the Brazilian market in June rose by 15.7pc from last month, preliminary data released by oil and gas regulator ANP show.
But available gas in June of 53mn m³/d represents a 9.1pc decrease from the same month of last year.
Gas reinjection — when gas is pumped back to repressure oil and gas wells or to avoid flaring and CO² release — reached 62mn m³/d this month. That is a 7.4pc decrease from May, but a 3.4pc increase from June last year.
June's total gas production was mostly steady at 133mn m³/d, a 1pc increase from May and 2.1pc below last year's levels.
Gas flaring reached 4.3mn m³/d, a 39pc increase from June 2021 but a 4.6pc decrease from May.
Related news posts
Business intelligence reports
Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.
Learn more