Petrobras Inaugurates Pecem LNG Regasification Terminal
Posted on: Wednesday, 20 August 2008, 06:00 CDT
Integrated energy major Petrobras has inaugurated a liquefied natural gas regasification terminal at the Port of Pecem, in the Sao Goncalo do Amarante municipality of the Ceara state in Brazil.
It is reported that this is Brazil's first liquefied natural gas (LNG) regasification terminal.
This terminal establishes Petrobras as a player in the international LNG market. Petrobras's second terminal will be inaugurated later in 2008, in the Guanabara Bay in the Rio de Janeiro state of Brazil.
The Pecem terminal is capable of regasifying seven million cubic meters per day, equaling about half of the natural gas consumption destined to the thermal market nationwide.
The regasification terminal represents an addition of 11% to the natural gas supply in the Brazilian market, currently at 60 million cubic meters per day. The gas processed in Pecem will be used primarily by the Termoceara and Termofortaleza power plants in the Ceara state and the Jesus Soares Pereira power plant in the Rio Grande do Norte state.
Source: Datamonitor
Related Articles
- Gas Natural in Talks With ACS Over Union Fenosa Stake
- Repsol and Gas Natural to Claim Damages From Sonatrach
- Gas Natural to Enter Mexican Power Market
- Snam Rete to Construct Gas Pipelines for Gas Natural's Network
- Study the Latest Five Year Forecasts for the Gas Utilities Industry in Brazil
- Gas Natural: Power Divestment Could Be Blessing in Disguise
- Spanish Government Clears Gas Natural Bid for Endesa
- Gas Natural to Take Over Endesa
- Fears Over Endesa Bid Gas Natural Deal Could Create Monopoly
- Endesa Rejects Gas Natural Bid But Other Power Deals Are Likely Before Power Market is Freed
 |
 |
User Comments (0)
RSS Feeds