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Natural Gas Imports by Mining Company Vale, Approved by ANP, Are Valid for Two Years from the Date of Publication in the Official Gazette
On Wednesday (07/14), according to a publication in the Federal Official Gazette, the mining company Vale was authorized by ANP – National Agency of Petroleum, Natural Gas and Biofuels, to import liquefied natural gas (LNG). See also: Vale Mining Company has 170 job openings for women and people with disabilities, with no experience required
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Natural Gas Import by Mining Company Vale
According to the measure, ANP’s authorization is valid for the import of 1.66 million cubic meters per day of regasified liquefied natural gas from various countries for its own consumption, which will be used to heat the mining company’s furnaces.
The document published on Wednesday by the Federal Official Gazette states that LNG imports will occur via maritime routes, with deliveries expected at maritime and regasification terminals along the Brazilian coast. The authorization granted to the mining company is valid for two years from the date of publication in the official gazette, ANP added.
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Fiserv, the world’s largest payment processor, has just opened its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Previously, Petrobras Was Authorized by MME to Import Natural Gas from Bolivia
Also to import liquefied natural gas, as done by Vale Mining Company, the Ministry of Mines and Energy – MME accepted Petrobras’ request and approved in January the importation of up to 5.08 million m³ per day of Natural Gas from Bolivia, aiming to supply the thermoelectric market.
A previous authorization from MME, another agency that, in addition to ANP (which allowed importation for the mining company), allowed Petrobras to import Bolivian natural gas until the end of 2020. The authorization permitted purchases of up to 10.08 million cubic meters per day, with the possibility of an additional up to 1 million cubic meters daily for transportation system use. MME’s permission for natural gas operations also involves the possibility of additional imports of up to 1 million cubic meters per day for transportation system use.
See Also: Vale Mining Company Announces It Will Invest US$ 6 Billion to Reduce Carbon Emissions by 2030
The mining company Vale announced on June 25, via a market statement, its intention to invest US$ 4 billion to US$ 6 billion to reduce carbon emissions by 2030, compared to a previous estimate that anticipated investments of only US$ 2 billion.
Vale Mining Company has been developing various initiatives aimed at ESG (an acronym for environment, sustainability, and governance), such as seeking energy efficiency, electrification of mining and rail systems, and reduction of fossil fuel use. In a document presented to market analysts, the mining company maintained its previously established carbon emission reduction goals.
In a statement, Vale said that the increase in investments is due to the greater maturity acquired in the portfolio of direct carbon emission reduction initiatives to be implemented by 2030. The new contributions, the mining company emphasized, will be executed over the next nine years and are already accounted for in the company’s budget.
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