NTS CEO participates in natural gas transport panel at Rio Oil & Gas 2020
In his presentation, Wong Loon highlighted the key steps taken by NTS in building an independent operation.
NTS CEO Wong Loon participated in the first day of the Rio Oil & Gas 2020 congress of the panel “Pipeline transportation of natural gas”. With Erick Portela Pettendorfer (TBG), Claudia Brun (Equinor) and Symone Christine de Santana Araújo (ANP) on the bench, the lecture brought up the challenges and responsibilities of each agent in the context of the new gas market.
In his presentation, Wong highlighted the key steps taken by NTS in building an independent operation. He showed how the company has been working with proposals that go ahead with the approval of the New Gas Law, in order to chart a path for the ideal business model in the future. He stressed that NTS will soon be able to offer firm capacity arising from the Term of Commitment for Termination of Practice (TCC) signed with Petrobras (currently holder of the full capacity of the NTS pipelines) and that the intention is that this offer is made in a simple and friendly way for new customers, following the entry-exit system, and that is offered with interconnection with the network of other carriers.
“We have an association of gas carriers (ATGás) that works together, with weekly meetings, so that customers see us as a single, interconnected network, and each of us has the responsibility to give this global visibility to the customer. We are NTS, TAG and TBG, but we are coordinated, in full agreement and acting in a transparent manner ", concluded Wong.
In sequence, the TBG's CEO, Erick Portela Pettendorfer, also reinforced the importance of the carriers in the process of opening the market, with the need for simplification and working together for the new environment that is being designed.
As a representative of a possible customer in the gas chain, Equinor's Senior Advisor for New Value Chains Brazil, Claudia Brun, emphasized the urgency of offering firm capacity to materialize the opening of the market and the need that shippers have to know these capacities and rates. "All efforts must be focused on reducing uncertainties in this period of transition," she said.
Closing the lecture, the Director of ANP Symone Christine de Santana Araújo reinforced the role that transportation has in the opening process, so that capacity is offered in a simplified way so that agents inject and remove gas without risk of bottlenecks. She also recalled the three essential pillars defended by the regulator in the opening process: predictability, governance and legal certainty.
“We can start with bilateral contracts, but we will look and wish for an organized market. If we don't know where we are going, we don't have a clear vision of the future”, she pointed out.