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Petrobras Natural Gas Terminal in Bahia is coveted by Golar Power

Written by Valdemar Medeiros
Published 28/08/2020 às 14:13
Updated 29/08/2020 às 07:46
Golar Power - LNG - Petrobras -BA
LNG Terminal

Golar Power is competing to buy an LNG terminal in the state of Bahia from Petrobras

The liquefied natural gas and energy company Golar Power is competing to buy from Petrobras a terminal for liquefied natural gas (LNG) in the state of Bahia, in the northeast region, according to the company's executive director said on Thursday (27).

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Previously, Golar Power also announced in March the signing of a protocol of intentions with the government of Pernambuco to invest 1,8 billion reais in an LNG terminal in Suape.

Golar Power is investing in a series of projects in Brazil betting on the use of LNG

Liquefied natural gas (LNG), which in liquid form does not need to be transported through pipelines, may become a substitute for diesel in Brazil, among other applications. Twelve companies, including the Brazilian branches of major oil companies Shell, Total and BP, are competing in the Bahia tender organized by Petrobras, as the Brazilian state oil company is known.

Petrobras is trying to reduce participation in the oil and gas industry

The company is trying to reduce its stake in the natural gas industry in Brazil, as agreed with the antitrust body known as Cade.

The terminal, an island-type pier, has the capacity to process 20 million cubic meters per day of LNG and is being leased with a 45-kilometer pipeline.

Finally, Golar informed that the imported LNG will have as a potential market the service to free gas consumers, such as large companies, and the state natural gas distributor of Bahia, in addition to thermoelectric projects and other gas distributors connected to the gas pipeline network. at the Suape terminal.

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Valdemar Medeiros

Journalist in training, specialist in creating content with a focus on SEO actions. Writes about the Automotive Industry, Renewable Energy and Science and Technology

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