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The Rio Oil and Gas Event Begins to Bear Good Fruit for Brazil, American Executives and the Port of Açu Sign Commitment for a New Cycle of Prosperity Between the Two Nations for Export Activities
The Port of Açu, which is actually a port complex, is already starting the Rio Oil and Gas event by collecting good fruit and taking advantage of its mega structure that literally dazzles any player on the planet, both for merchant activities and for the oil segment, and is on its way to becoming the most complete in Brazil, if not the world.
On the first day of the event, the Port of Houston signed a collaboration agreement with the Port of Açu to strengthen relations and increase the exchange of exports of products between Brazil and the United States, which will include bulk and inputs from the oil and gas market.
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More than 230 Brazilian companies move production to Paraguay, pay a tax rate close to 12%, compared to about 80% in Brazil, and use Mercosur to sell back to the domestic market without import tax.
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Starlink, by Elon Musk, wants to transform its satellites into a cellular operator capable of covering any point on the planet, but the three American giants in the sector, AT&T, T-Mobile, and Verizon, rejected the partnership and joined forces for the first time to try to contain the company’s advance.
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Dredged material from navigation channels restores life to Poplar Island, reconstructs 1,715 acres of land, expands open water zones, and creates a refuge for hundreds of migratory and local bird species.
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About 500 kilos of green stones with juvenile algae are spread in the ocean to regenerate underwater forests, reduce costs, and accelerate the restoration of marine habitats.
This cooperation agreement comes at a very good time and is extremely strategic for Prumo Logística, says the company’s president in Brazil, José Magella.
Projects at the Port of Açu Underway
In addition to the GNA I Power Plant that is currently under construction at the port complex and will be operational in 2021, GNA II will begin its works in 2019 and is scheduled to operate in 2023. Magella mentions that the peak of employment in the construction of the two power plants will reach 4,500 workers and with a total investment of 8 billion reais, becoming the largest electricity generator from power plants in Latin America with its incredible capacity of 3GW.
Additionally, a regasification terminal will be installed to handle gas production from the Santos and Campos Basins, along with its processing and utilization within the complex. The existing pipelines will be connected to this HUB, also facilitating the trade of the product for domestic use and export.
Executives are keeping an eye on the offshore unit maintenance market, such as drill ships/drilling rigs and vessels. Currently, the Port of Açu has the West Catarina rig at one of its terminals in warm stacking and is watching the Brazilian market for manufacturing and assembly of platform modules. Repairs of underwater equipment and decommissioning are also within the intended service portfolio.
The construction of a railway network between Rio and Vitória is also another significant leap in the development of internal logistics, this will significantly reduce logistics costs, facilitating the transportation of cargo and bulk of all types. It is worth noting that 60% of the costs of products of this nature are related to transportation.
There will also be the construction of a helipad in the complex and many companies are interested in participating in the project. The goal is to support logistical operations for people to offshore platforms and materials, dividing operations in the Campos Basin with Macaé, and perhaps even eliminating these types of operations.
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