By Jeffrey T. Lewis

SÃO PAULO--Petróleo Brasileiro said Friday it signed natural gas supply contracts with two gas distributors in Rio de Janeiro.

The contracts, which take effect Friday, were signed with Companhia Distribuidora de Gás do Rio de Janeiro and to CEG RIO and are valid through December 2034.

The estimated total value of the contracts over that period is 51.6 billion reais, the equivalent of $10.5 billion, according to Petrobras.

Write to Jeffrey T. Lewis at

(END) Dow Jones Newswires

12-01-23 0823ET