English 
Spanish 
4 min read
Petrobras' decision was taken after the president of Golar Power in Brazil, Eduardo Antonello, became the target of the Lava Jato Golar corruption investigation.
Petrobras do Brasil disqualified the proposal presented by Golar Power for the lease of its LNG terminal in the state of Bahia. According to public documents released by the federally controlled oil company, due diligence performed by the bidding commission concluded that Golar had a high degree of integrity risk.
Read also
- French energy giant Total predicts the end of the oil era
- Agreement signed between Braskem and Tecipar will prevent more than two thousand tons of plastic waste from being dumped annually in SP
- Engevix has assets blocked in the order of 300 million reais by the court
The decision was taken after the president of Golar Power in Brazil, Eduardo Antonello, became the target of Lava Jato's corruption investigation in relation to his previous activities as an executive at Seadrill, a platform operator that has charter contracts with Petrobras. .
Golar was the only company to bid in the LNG terminal auction. BP Energy requested more time to submit a bid, while Compass Gas and Energy declined to submit one.
- Billion-dollar offshore deal: PRIO invests US$1,92 billion and takes over 40% of giant offshore field in Brazil after Chinese companies leave
- New gas discovery in South America takes Venezuela to 300,9 BILLION barrels, surpasses Saudi Arabia, Canada and Iraq, and leaves the Middle East eating dust!
- Federal government approves and pre-salt oil will be auctioned! New Chinese dominance?
- China accelerates electric revolution and transforms global market: devastating impact on the automotive industry and oil redefines the economic and environmental scenario of the future!
In a note, Petrobras said that the bidding process has entered the appeal phase. "If the tender is closed without obtaining valid proposals by Petrobras, the company will make a new bid", said the NOC.
A Goal Power currently owns a LNG plant in Brazil, the thermoelectric Porto de Sergipe I, in the state of Sergipe, in partnership with Celse, which is 50% owned by the company. The plant is powered by the Ocean LNG joint venture between ExxonMobil and Qatar Petroleum.
The company also operates the Golar Winter FSRU which is moored at the Bahia terminal under bareboat charter to Petrobras and has at least two LNG regasification terminal projects under development in the states of Santa Catarina (São Francisco do Sul) and Para (Barcarena)
Golar, headquartered in London, aims to take LNG to the interior of Brazil, from regasification terminals along the coast or riverbanks to final consumers in places not served by the national gas pipeline network. For this, the company intends to use the infrastructure of BR Distribuidora and a fleet of trucks powered by LNG supplied by Alliance GNL.
BP Energy, which can still compete for the lease of the terminal in Bahia, is part of the JV Gás Natural Açu (GNA) with Prumo Logística and Siemens. The JV is building a thermoelectric plant at the port of Açu, in the state of Rio de Janeiro, which will run mainly on imported LNG supplied by the British oil company.
BP will also supply gas to the Nossa Senhora de Fátima thermoelectric plant, in Macaé, in the state of Rio, where it holds a 25% stake, with the remainder held by Brazilian company Eneva.
“Like Shell, ExxonMobil and Total, BP has a lot of LNG in its portfolio and is looking for new markets. The Bahia terminal is an LNG sales port in Brazil. More importantly, it's a door that already exists,” Sylvie D'Apote, managing partner at Prysma E&T Consultores, told BNamericas. “BP will supply LNG at the Port of Açu, and the Bahia terminal could act as an alternative delivery point if the Rio de Janeiro plant does not need new cargoes.”
Since 2017, BP has acquired eight offshore blocks in the Campos and Santos basins. If exploration results in new fields, the oil company could build a network of pipelines to take its production to the port of Açu or Macaé.
Compass Gás e Energia belongs to the Cosan group and focuses on gas distribution via Comgás (also a Cosan company), infrastructure, thermoelectric generation and electricity sales.
Cosan presented to the environmental regulatory body of Ibama construction projects for two new offshore gas pipelines: the 4 km Route 270 is expected to connect block BM-S-8, in the Santos basin, to a new natural gas treatment unit in Cubatão, in the interior of São Paulo, while its 231 km of pipeline on Route 4b would connect the same block to the port of Itaguaí, in Rio de Janeiro.
The Brazilian group also has a project to build an LNG regasification terminal in Lagoa Canéu, which will be interconnected to the Comgás gas distribution network in Cubatão, in the interior of São Paulo.
Source: BNamericas
