BNDES Will Support Pipeline Construction Projects Aimed at Expanding the Capacity of Offshore Natural Gas Production in the Country.
The Government Program That Aims to Make Natural Gas a Lever for the Country’s Development has just received a significant boost.
BNDES will finance infrastructure projects in the natural gas sector, such as the pipelines known as Routes 4, 5, and 6, which will transport natural gas production from Brazil’s offshore fields.
The financing is part of the BNDES Gas for Development program, and there will also be financing for transportation lines and distribution branches, as well as industrial projects, power generation, commerce, and vehicles.
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Demand for Pipelines
A study by the Energy Research Company (EPE) that provides services to the Ministry of Mines and Energy indicated the saturation of offshore gas transportation routes from the pre-salt starting in 2025, and identified six new pipelines as additional routes that would transport between 30 million and 45 million m3 of natural gas per day.
The Superintendent of Energy at BNDES, Carla Primavera, stated in an interview with Energia Hoje, “BNDES has been closely monitoring market movements and is prepared to support the expansion of this infrastructure.”
“We supported the construction of 6,000 of the 9,000 km of existing transportation pipelines in the country, including projects such as the Bolivia-Brazil Pipeline, the Northeast and Southeast networks, the Southeast-Northeast Pipeline (Gasene), and the Urucu-Manaus,” and she concluded, “We also supported the expansion of natural gas distribution networks in several Brazilian states.”
The privatization and gas distributors in the states are also part of BNDES’s support for projects that need to be accelerated due to the government’s urgency in implementing the New Gas Market program.
