The millionaire investment aimed at the production of natural gas in the Parnaíba Basin will be carried out after the fuel supply contract with the company Suzano in the state of Maranhão, the first industrial partnership of Eneva in Brazil
The company Eneva announced last Wednesday (25/05), a contract for the supply of liquefied natural gas (LNG) for the Suzano unit, in the municipality of Imperatriz, in the state of Maranhão. And, with that, the company will make a total investment of R$ 530 million for its fuel production in the Parnaíba Basin, with new facilities aimed at the new business with the company Suzano.
Eneva signs its first industrial contract for the supply of natural gas to supply the company Suzano in the state of Maranhão
Eneva took another step towards its growth in the fuel sector in Brazil and signed a contract with the company Suzano to supply natural gas to its unit in Imperatriz, in the state of Maranhão. In this way, the company signed its first fuel supply contract with an industrial company since the beginning of its production in the natural gas sector in Brazil.
This is because the company currently has its own supply of energy and gas projects as the main focus of its natural gas production and, with the contract with Suzano, expands its horizons in the Brazilian market. In addition, the fuel supply agreement signed with Suzano is valid for ten years from the start of commercial supply, scheduled for the first half of 2024.
In this way, after the company starts supplying the unit in Maranhão, it will be able to start its investments to expand production with a focus on the new business. And, as a way of supplying the natural gas that will be supplied to Suzano with the new contract, Eneva will carry out a new investment plan in its fuel production in the Parnaíba Basin.
Thus, there will be financial contributions of around R$ 530 million for improvements in the production infrastructure and installation of new structures so that the entire fuel exploitation chain is even more efficient. This is because Eneva needs to guarantee even greater production over the next few years to supply gas to Suzano.
Company will invest BRL 530 million over the next few years in its natural gas production in the Parnaíba Basin following a contract signed with Suzano
After signing its first industrial supply deal with the company Suzano, Eneva announced that it will make an investment in the Parnaíba Basin to supply the natural gas of the agreement. Thus, a total of BRL 530 million will be invested in the installation of a natural gas liquefaction unit in the complex, which will have an installed capacity of 300 m3/day, aimed mainly at serving Suzano and new potential customers in the region. from Maranhão.
In addition, the company also announced that it will build an import terminal in São Luís, Maranhão. Eneva's main idea is to develop new hubs for the sale of natural gas in the region and to seek innovative companies for the segment. Finally, it intends to connect the natural gas terminal to the Parnaíba Complex through a gas pipeline of around 300 km in length over the next few years.
Thus, the contract with Suzano gave Eneva a new perspective for growth within the natural gas market in Brazil and, with the planned investments, the company intends to invest in the field of supply and supply for companies focused on the industrial segment in the country.