Natural Gas Storage by Origem: Company Awaits ANP Approval for Subterranean Natural Gas Storage Project

Written by Bruno Teles

Published on 13/04/2023 at 12:16

Estocagem de gás natural da Origem (foto/divulgação)

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Origem Energia Included in Its New Development Plan for the Pilar Field in Alagoas the Underground Natural Gas Storage Project.

Project awaiting authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The proposal will be analyzed by the agency’s board in conjunction with the Development Plan (PD) for Pilar.

The company expects to invest R$ 916 million in the asset recovery, increasing production to 11.7 million barrels/day of oil and 5.4 billion m³ of natural gas, in addition to the pilot project for gas storage.

Increase in Processing Capacity of Pilar’s UPGN

The company forecasts that, with underground natural gas storage, the processing capacity of the natural gas processing unit (UPGN) in Pilar will need to be expanded, as the current capacity of 1.8 million m³/day is reaching its limit.

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Brazilian Government Invests in Natural Gas Storage

The Brazilian government is also interested in natural gas storage, and therefore, the Energy Research Company (EPE) will map the most promising areas for this type of underground storage, taking into account even carbon capture, storage, and utilization (CCUS).

The state-owned company hired an external consultancy for this work, which includes a policy and regulation study, inventory of areas for storage in depleted fields, and evaluation of targets for CCUS.

Thus, it is possible to notice that underground natural gas storage is a very viable alternative, in addition to being able to boost the economy and the natural gas market in the country. The potential of Origem’s natural gas storage could be a significant technological advancement for the area, allowing it to grow even further and meet more market demands. This will also lead to greater gas consumption, generating more job opportunities and increasing tax revenues for the government.

Natural Gas Storage by Origem: Company Awaits ANP Approval for Subterranean Natural Gas Storage Project

Origem Energia Included in Its New Development Plan for the Pilar Field in Alagoas the Underground Natural Gas Storage Project.

Increase in Processing Capacity of Pilar’s UPGN

Brazilian Government Invests in Natural Gas Storage

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Natural Gas Storage by Origem: Company Awaits ANP Approval for Subterranean Natural Gas Storage Project

Origem Energia Included in Its New Development Plan for the Pilar Field in Alagoas the Underground Natural Gas Storage Project.

Increase in Processing Capacity of Pilar’s UPGN

Brazilian Government Invests in Natural Gas Storage

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

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