Port Auction In Brazil Generates Over R$ 400 Million In Grants

Written by Flavia Marinho

Published on 08/04/2019 at 01:00

Updated on 08/04/2019 at 08:36

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The Government Expects R$ 420 Million to Be Invested in Ports in Pará, Where an Auction for Leasing Six Port Terminals Took Place Aiming Primarily at Fuel and Liquid Bulk Transportation.

The established rules were that the minimum granting amount started at R$ 1.00 and ended up totaling R$ 447.64 million raised with the granting. The auction was held at B3, the São Paulo Stock Exchange, with several companies interested in the terminals, and concluded in less than 2 hours. The contracts have terms of 15 to 25 years, which can be renewed up to a total of 70 years.

With a bid of R$ 40 million, the first block was acquired by the Latitude consortium, composed of Ipiranga and Petróleo Sabbá. With an area of over 46,000 m2 designated BEL02A, the terminal’s physical storage structure is nearly 42,000 tons, and it is anticipated that around R$ 48.3 million will be invested over the next 15 years of leasing.

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Port Auction In Brazil Generates Over R$ 400 Million In Grants

The Government Expects R$ 420 Million to Be Invested in Ports in Pará, Where an Auction for Leasing Six Port Terminals Took Place Aiming Primarily at Fuel and Liquid Bulk Transportation.

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Port Auction In Brazil Generates Over R$ 400 Million In Grants

The Government Expects R$ 420 Million to Be Invested in Ports in Pará, Where an Auction for Leasing Six Port Terminals Took Place Aiming Primarily at Fuel and Liquid Bulk Transportation.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

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The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

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