This excerpt taken from the PBR 6-K filed Dec 21, 2007.
Natural Gas Commercialization
- Negotiation of natural gas contract models between Petrobras and provincial state-owned distributing companies, with clauses which allow for the temporary interruption of previously agreed volumes. The purpose here is to ensure that Petrobras meets the supply requirements of the thermoelectric market, when demand from the latter is higher than the systems capacity is able to meet.
This document may contain forecasts that merely reflect the expectations of the Companys management. Such terms as anticipate, believe, expect, forecast, intend, plan, project, seek, should, along with similar or analogous expressions, are used to identify such forecasts. These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.