Owner Of The First Private Natural Gas Terminal In The Country, The Company Wants To Use Its Own Ships To Transport LNG Along The Brazilian Coast
Golar Power, a joint venture between Norwegian Golar LNG and Stonepeak, has plans to enter the Brazilian Cabotage. The company, which is working to complete the country’s first private liquefied natural gas (LNG) terminal in Sergipe, is expected to begin operations in January 2020.
The joint venture is looking for customers who want to distribute the natural gas it will produce, both by road for the interior of the country and through cabotage (navigation between Brazilian ports).
To this end, Golar Power is already well into the construction of its first LNG transport ship, although the vessel does not yet have a secured contract.
The company hopes the first contract for the ship’s use will be made in Brazil but does not rule out seeking clients in Indonesia and Malaysia.
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Golar Power’s plan regarding cabotage is to use small ships to transport cargo from tankers to other regasification terminals along the Brazilian coast.
Petrobras is currently responsible for the operation of three terminals (CE, BA, and RJ), but when it comes to private terminals, we only have Golar’s project on the Sergipe coast and a new LNG terminal being built by the private sector at the Port of Açu, in São João da Barra (RJ), by Gás Natural Açu (GNA), formed by Prumo Logística, BP, and Siemens.
Golar Power’s Plans For Brazil
The LNG terminal in Sergipe is being built in Barra dos Coqueiros (SE) and is being prepared to receive large tankers, which will supply the thermal power plant of Centrais Elétricas de Sergipe (Celse) with an installed capacity of 1,500 megawatts, a massive undertaking of the joint venture between Golar Power and EBrasil.
Golar Power has other projects for Brazil, such as the construction of new LNG terminals in São Francisco do Sul (SC) and Barcarena (PA).
The company also wants to participate in the new energy auctions, such as the A-6 auction in October, in which the company submitted a project in Barcarena (609 megawatts) and two more in Sergipe, one of 1,200 MW and one of 600 MW.
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