Eneva Partners With Servtec to Invest in LNG Terminal, and Maranhão’s Industrial Sector Could Also Benefit From Natural Gas Use

The Implementation of a Liquefied Natural Gas (LNG) Terminal at the Port of Itaqui Will Ensure New Opportunities for the Local Productive Sector

With the support of the Government of Maranhão, the Secretary of Industry, Commerce and Energy (Seinc) and the company Eneva have been investing in the use of natural gas produced in the state. Now, a new step has been taken in this partnership: the implementation of a Liquefied Natural Gas (LNG) terminal at the Port of Itaqui (or nearby), in São Luís.

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Yesterday (20), Eneva announced the signing of a cooperation agreement with Servtec Investimentos e Participações to evaluate the development of a liquefied natural gas terminal.

State Government Continues to Work with Eneva Aiming to Increase Gas Supply in Maranhão.

The expectation is that the companies will form a joint venture in which Eneva would hold 51% of the total shares and Servtec would hold the remaining 49%. In a statement, Eneva stated that the final investment decision for the terminal is subject to “the completion of evaluations and obtaining the necessary licenses and authorizations for the project’s implementation.”

The Secretary Simplício Araújo of Seinc pointed out that the State Government continues to work with Eneva aiming to increase gas supply in Maranhão.

“Throughout our management, we have had important dialogues with Eneva, always thinking about the expansion of the gas production chain in the State. This announcement made by the company and Servtec demonstrates that we are on the right track towards greater development in Maranhão,” emphasized the Secretary.

According to Eneva’s announcement, the cooperation agreement also provides for the right of exclusivity until December 30, 2022 – after this date, there will be a right of first refusal until December 30, 2023, allowing the company to develop, manage, and explore the LNG terminal in conjunction with Servtec.

Check Below the Communication from Eneva