SUAPE COMPLEX TO RECEIVE THERMAL POWER PLANT WORTH R$3BN

The Suape Complex will receive a thermal power plant that runs on liquefied natural gas (LNG). With an estimated investment of R$ 3 billion, the venture includes the installation of a regasification terminal in Suape in addition to the implementation of approximately eight kilometers of pipelines between the gas terminal and the thermoelectric plant. Between the construction and operations, the project is expected to create 2000 jobs. Approximately 30% of the investment will come from the entrepreneur and 70% will come from development banks. The plant is expected to start operating in November this year, occupying an area of 16.5 hectares within the Suape Complex, where it already has a prior license issued by CPRH (the Pernambuco environmental agency). The thermal energy will be supplied by an LNG re-gasifier vessel, with a capacity of 21 million cubic meters per day, at the Multiple Use Wharf. The plant is expected to consume 2.5 million cubic meters a day, a potential that could be repeated in the future. The LNG surplus may serve COPERGÁS (the Companhia de Gás de Pernambuco network), a company that holds gas distribution rights in the state.

Sources: Diário de Pernambuco / Datamar News