PETROBRAS PLANS TO RAISE RIO’S LNG CAPACITY BY 50%

Petrobras has successfully concluded tests that will allow for a 50% capacity expansion at its liquefied natural gas (LNG) terminal in Rio de Janeiro to 30 million cubic meters per day, said the Company. The company’s Guanabara bay terminal in Rio de Janeiro said it is in the process of obtaining licenses and authorization from the government to expand terminal’s capacity. The terminal is used to convert the natural gas imported by Brazil in a liquefied version back to its gaseous form, a process known as regasification. Brazil is expanding its LNG facilities to take advantage of low international prices. The tests concluded by Petrobras were part of the requirements by Rio’s environmental agency (Inea) and by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The company’s terminal currently has capacity to process 20 million cubic meters of gas per day through a floating storage and regasification unit (FSRU) The terminal consists of an island-type pier with two berths for moorings and anchoring, and an FSRU supply vessel, the company said.

Source: Reuters

*Translated and adapted by Ia Niani