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Liquid Bulk Terminal Will Have Capacity to Handle 14 Million Tons of Oil Per Year, Increasing the Competitiveness of the State
The State is about to receive a new port terminal, the Liquid Bulk Terminal (TGL) Praia Mole, located in Serra, according to the website folhavitoria. This terminal, which will have a private investment of R$ 340 million, will primarily function for the export of oil through transfer operations between ships, a method known as ship to ship. The operation is expected to start in 2027.
Details of the New Terminal
The basic structure of the terminal already exists and will be adapted to meet this new demand. Currently, only two terminals in Brazil conduct similar operations: in Rio de Janeiro, in Praia Grande and at the Port of Açu. With this new facility, the terminal will be able to handle up to 14 million tons of oil per year, equivalent to 100 million barrels.
The works of the TGL Praia Mole will not only facilitate the export of oil but will also generate approximately 4,000 direct, indirect, and induced jobs. The capital for the construction and operation will come from Blue Terminals, a company of the Zmax Group, which already has a strong presence in the oil and gas market.
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Economic Impact and Revenue
The operation of the port terminal will be a great opportunity for the State, as the export of oil will generate an estimated collection of R$ 80 million in royalties per year, to be divided among Vitória (40%), Serra (30%), and Vila Velha (30%). Additionally, tax revenue could exceed R$ 150 million annually. With this structure, Espírito Santo could become a hub for oil exports, ensuring that local production is no longer predominantly directed to neighboring states.
The executive director of Blue Terminals, Bruno Fardin, emphasized that the infrastructure of the new terminal will allow Espírito Santo to export all of its oil production and, potentially, absorb production from neighboring states, should they face limitations in their port operations.
Partnerships and Project Viability
The partnership between Blue Terminals and VPorts, the port authority responsible for granting the Praia Mole pier, is a crucial point for the viability and execution of the project. The president of VPorts, Gustavo Serrão, confirmed that a memorandum of understanding was signed with Blue Terminals, ensuring the necessary collaboration for this initiative to materialize.
The state’s vice governor, Ricardo Ferraço, highlighted the importance of this investment, stating that the terminal will enhance an area that is currently idle, in addition to generating jobs and boosting the local economy. Have you imagined how an investment of this scale can transform the economy of your region?
Opportunities for the Local Community
In addition to the jobs directly generated by the works and operations of the terminal, the project is expected to bring indirect benefits to the local community. With the creation of new job opportunities, commerce and services in the region should also expand, contributing to social and economic development. Would you like to see improvements in the infrastructure and services of your city due to a project like this?
Export Strategy and Oil Competitiveness
The TGL Praia Mole represents not only an advancement in the port infrastructure of Espírito Santo but also an important step towards competitiveness in the global arena. With the strategic location of the State, which is the closest point to Asia for Brazilian exports, the new terminal will be essential to meet the growing demand in the sector. Increasing the export capacity of oil produced in Espírito Santo is vital to ensure that the State establishes itself as an important player in the international market.
This investment will not only mobilize R$ 340 million in capital but also could add R$ 268 million to the State’s GDP annually, a significant impact that will bring direct benefits to the population. What is your opinion on the importance of diversifying the local economy and attracting investments of this kind?
TGL Praia Mole: Essential Information
- Operation: Oil transfer between ships (ship to ship)
- Investment value: R$ 340 million
- Capacity: 14 million tons/year (100 million barrels)
- Economic impact: R$ 268 million/year to the State’s GDP
- Tax revenue: R$ 156 million/year (PIS, COFINS, IR and ISS)
- Royalties: R$ 80 million/year – Vitória 40%; Serra 30%; Vila Velha 30%
- Jobs: Estimated creation of 4,000 jobs direct and indirect
The construction of TGL Praia Mole is a milestone for the economic development of Espírito Santo. Are you excited about the possibilities that a new port terminal can bring to your community? Share your thoughts and expectations in the comments!
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