New Fortress Energy Brazil Launches Pioneering LNG Terminal in Pará

Written by Corporativo

Published on 01/03/2024 at 14:42

Foto: Diretora de Comunicação e RP | New Fortress Energy – Edelman.

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The Inauguration Marks a Significant Advance for Sustainability and Energy Transition in the Amazon

New Fortress Energy (NFE) Brazil celebrated the inauguration of its first liquefied natural gas (LNG) import terminal in the Marajó Bay, in Barcarena, Pará, at an event that brought together government figures from various levels. This milestone, achieved on February 28, 2024, is seen as a crucial step toward reducing carbon emissions in the region, with the potential to decrease air pollution by up to 30% and establish the area as an example of environmental preservation and transition to cleaner energies.

The project, which required an investment of R$ 300 million and employed 70% local labor, stands out for its regasification capacity of up to 15 million cubic meters daily, accounting for 22% of Brazil’s natural gas consumption in 2022.

The Infrastructure and Its Impact

The arrival of the FRSU Celsius ship, directly from Singapore, marked the final phase before the inauguration of the terminal. This floating storage and regasification unit has a notable length, comparable to nearly six Olympic swimming pools, and is essential for processing the gas that will power the region. The strategic location of the terminal allows it not only to meet the needs of Pará and the Amazon but also to facilitate the transport of LNG to more remote areas, in need of a safe and sustainable energy source.

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Future Expansion and Community Benefits

The terminal will also serve a natural gas thermal power plant under construction by NFE, with 25% of the project already completed and a planned inauguration in July 2025. Representing an additional investment of R$ 2.5 billion, this plant is another component of NFE’s vision to promote sustainable development and economic opportunities in the region.

Leandro Cunha, CEO of NFE Brazil, emphasizes the importance of the terminal for Pará and Brazil, stating that “Our first terminal in the country is a great achievement for everyone. We have been investing since 2021, with constructions in Pará and Santa Catarina. We are confident that the LNG Terminal in Barcarena will open new possibilities for the region, in addition to generating opportunities and jobs.”

About New Fortress Energy

New Fortress Energy is a pioneer in providing clean energy solutions and natural gas infrastructure on a global scale. With a mission to accelerate the transition to cleaner energies, the company develops, finances, and operates infrastructures that not only promote economic growth but also enhance environmental management, transforming industries and communities. This new LNG terminal in Pará is a testament to NFE’s commitment to sustainability and energy innovation.

Source: Communication and PR Director | New Fortress Energy – Edelman.

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New Fortress Energy Brazil Launches Pioneering LNG Terminal in Pará

The Inauguration Marks a Significant Advance for Sustainability and Energy Transition in the Amazon

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About New Fortress Energy

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New Fortress Energy Brazil Launches Pioneering LNG Terminal in Pará

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The Infrastructure and Its Impact

Future Expansion and Community Benefits

About New Fortress Energy

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The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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