<div id="readability-page-1"><div><p>Petrobras announced the signing of new long-term contracts with Braskem S.A., considering the upcoming expiration of current agreements, for the following commercial relationships: Contract for the Purchase and Sale of Petrochemical Naphtha to supply Braskem's plants in the states of Sao Paulo, Bahia, and Rio Grande do Sul, with prices based on international naphtha benchmarks. The contracts stipulate a minimum monthly withdrawal quantity, with the possibility of negotiating additional quantities beyond those contracted monthly, which may reach up to 4.116 million tons in 2026 and up to 4.316 million tons in 2030. The estimated value of the contracts is USD 11.3 billion, with a term of 5 years, starting on 01/01/2026.</p><p>Contract for the Purchase and sale of Ethane, Propane and Hydrogen to supply the state of Rio de Janeiro, with prices based on international natural gas and propane benchmarks. From 2026 to 2028, the contract provides for maintaining the currently contracted quantity - 580,000 tons of ethylene equivalent per year - with production and supply from Reduc (Duque de Caxias Refinery). From 2029 to 2036, the contract includes an increase in the contracted quantity to 725,000 tons of ethane equivalent per year to meet Braskem's planned expansion (currently in the project phase), with production and supply from RedUC and/or the Boaventura Complex.</p><p>The estimated value of the contract is USD 5.6 billion, with a term of 11 years, starting on 01/January/2026. Contracts for the Purchase and Sale of Propylene sourced from the Reduc, Recap and Refap refineries, with prices based on international propylene benchmarks. The contracted quantity is up to 140,000 tons per year at Recap, 100,000 tons at Reduc, and scaled at 14,000, 24,000, 36,000, 48,000, and 60,000 tons per contractual year at Refap.</p><p>The estimated value of the Contracts is USD 940 million, with a term of 5 year, starting on 05/18/2026.</p></div></div>

<p>Petrobras has signed new long-term contracts with Braskem S.A. for the supply of petrochemical naphtha, ethane, propane, hydrogen, and propylene. The contracts, valued at USD 17.84 billion, will start in 2026 and span 5 to 11 years. They include minimum monthly withdrawal quantities and potential for additional quantities, with prices based on international benchmarks.</p>

Petrobras Announces the Signing of New Long-Term Contracts with Braskem S.A