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More Thermoelectric Plants, Reactivation of Petrobras Terminals in the Northeast, and Energy Overcoming Caused by the Water Crisis Depend on LNG Terminals to be Installed in the Country
The state of Santa Catarina requested the ANP to prioritize the analysis of New Fortress Energy’s request for authorization for the Sul Gas Terminal for LNG, according to BNamericas. State authorities claim that the project will increase the supply of natural gas in the southern regions, which is urgent due to the energy crisis the country is facing and even the resumption of some Petrobras operations.
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The terminal will have a regasification capacity of 15Mm3/d (million cubic meters per day) and is scheduled to come online in the first quarter of 2022. With several major hydroelectric reservoirs at low levels amid the worst drought in over 90 years, Brazil relies on all its thermoelectric capacity, including natural gas plants.
What Is at Stake for Petrobras?
This has put local gas supply under pressure, prompting the government to reactivate the LNG terminal of the state-owned oil and gas company Petrobras, at the Port of Pecém, in the state of Ceará.
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However, Petrobras wants to resume operations in Pecém only after the completion of the leasing process for its Bahía Regasification Terminal (TRBA).
In addition to Petrobras units in Guanabara Bay and Bahia, two other LNG terminals are operating, owned by Celse and Gás Natural Açu, in Sergipe and Rio de Janeiro, supplying the Porto de Sergipe and GNA I thermoelectric plants.
A final investment decision for the 15Mm3/d Barcarena terminal, in Pará, also owned by New Fortress Energy, was made recently. The terminal is expected to come online in 2022.
New Fortress is also planning another LNG terminal at the port of Suape.
According to the federal energy research company EPE, eight other LNG projects are at different stages of development, including one recently initiated by Compas Gás e Energia (Cosan) in São Paulo.
The EPE also mentioned four additional LNG terminals, totaling 56Mm3/d of regasification capacity (14M3/d each) and requiring R$ 1.09 billion (US$ 210 million) in investments in a recent study.
Do You Know What the New Gas Law Is and What It Could Mean for Brazil? Watch the Video Below to Understand Better
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