Lauron Arend

1. The Current Brazilian Gas Market The increase in LNG operations by Brazilian companies has made LNG a relevant component of the Brazilian natural gas (NG) matrix, integrating the country more deeply into the global energy market. As a result, Brazil becomes increasingly exposed to international price dynamics and supply fluctuations in global energy commodities such as NG [1].

1. Introduction The global energy landscape is undergoing significant transformations, driven by increasing social and demographic development that leads to a growing energy demand, particularly in emerging economies. While fossil fuels remain the predominant source of energy, concerns about greenhouse gas emissions and environmental degradation associated with their production and consumption have intensified [1] [2].

1. Introduction Brazil is positioning itself as a significant producer in the global oil market, primarily driven by discoveries in the pre-salt layer. This region, where the first discoveries were made in 2006, has become the country’s primary source of oil. In 2024, for example, Petrobras’ pre-salt production reached new annual records, accounting for 81% of the company’s total output [1] [2].