Friday, January 28 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Jan 24
Week of Jan 17
Week of Jan 10
Week of Jan 03
Week of Dec 27
By Topic
By News Partner
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Petrobras on the lease of the Bahia LNG Terminal

    December 7, 2021 - Contify Energy News


      Rio de Janeiro, Dec. 6 -- Petrobras issued the following news release:

      Petróleo Brasileiro S.A.Petrobras, following up on the release disclosed on 09/28/21, informs that it has signed the Instrument of Acceptance provided for in the contract and transferred, this Saturday (12/04), the operation of the Bahia Liquefied Natural Gas Regasification Terminal (TR-BA) to Excelerate Energy Comercializadora de Gás Natural (Excelerate).

      The agreement was signed after the Administrative Council for Economic Defense (CADE) approved the operation. Petrobras supported Excelerate in obtaining the necessary licenses and authorizations, also complying with the precedent conditions in the lease agreement for the operation of the terminal. Excelerate's regasification vessel is positioned at the TR-BA, and with the transfer of the operation, Excelerate is able to make natural gas available to the market.

      The berthing of Excelerate's ship will also allow the transfer of the Golar Winter regasifier ship, working for Petrobras, to the Pecém LNG regasification terminal, located in Ceará. The three LNG regasification terminals are connected to the country's integrated natural gas transportation network (Guanabara Bay, Pecém, and Bahia) and are ready to operate.

      The leasing process of TR-BA and associated facilities represents an important step towards the process of opening and increasing competitiveness of the natural gas segment in Brazil, following the rites of Federal Law 13,303/2016 (Law of State Companies).

      Source: Petrobras


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.