The Port of Suape registered one of the largest Liquefied Petroleum Gas (LPG, cooking gas) import operations by a private agent in the Northeast of Brazil. Interco (a commodities startup) and the Argentinian company Transportadora Gas del Sur collaborated to allow the Pernambuco-based dock to receive 12,500 tonnes of LPG. To meet regional demand, distributors in the industrial port complex purchased the product. “The objective is to offer distributors a supply guarantee, allowing them to maintain their operations non-stop. In addition, the distributors are interested in importing LPG continuously, improving the primary supply flow,” says Marcos Paulo Ferraz, the startup’s Commodities and Trading director. According to data from the National Petroleum Agency (ANP), LPG sales in Brazil totaled 6.74 million tonnes between January and November 2022. Of this volume, 25.7% came from outside the country.
Source: Datamar News