Page 13 - GLNG Week 30 2021

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Brazil’s LNG imports hit record high in June

PERFORMANCE BRAZIL’S national oil company (NOC) and re-injection had averaged 58 mcm per day in
Petrobras reported recently that daily national the month of June. This was 1.7% above the fig-
LNG imports had risen to a record high in late ure reported for May and 4.5% above the num-
June. ber recorded in June 2020, it noted.
In a statement, Petrobras said that Brazil’s According to ANP, the month-on-month
LNG import terminals had regasified and deliv- increase stems partly from the fact that Brazil-
ered some 42mn cubic metres per day of natural ian gas production climbed by 5.6% year on year
gas on June 28. This is the highest daily figure (and 0.9% m/m) in June, reaching 135 mcm per
ever recorded, and it helped boost the total vol- day. More than 44% of the total, or 60 mcm per
ume of gas available in Brazil to 109.4 mcm per day, was re-injected into oil wells to maintain res-
day, the company noted. ervoir pressure, the agency said.
It went on to say that LNG imports had It did not say whether seasonal factors had
accounted for about the same share of the total affected gas deliveries. Brazilian gas demand
as domestic production on June 28. The country typically goes up mid-year, during winter in the
imported more than twice as much LNG on that Southern Hemisphere. It has also been higher
day than it imported by pipeline from Brazil, it than usual recently owing to a drought that has
added. prevented the country’s hydroelectric power
In related news, Brazil’s National Agency of plants (HPPs) from turning out as much elec-
Petroleum, Natural Gas and Biofuels (ANP) has tricity as usual. Petrobras has responded to this
said that the volume of domestically produced development by working to make larger volumes
gas supplied to local markets after loss, flaring of gas available for domestic consumption.™

ASIA

Thailand’s EGAT approves 1,400-MW gas

power plant, replacing coal TPPs

PROJECTS & THE Thai government is set to approve plans to explain why we decided to scrap these two pro-
COMPANIES build a 1,400-MW gas-fired thermal power plant jects,” he said.
(TPP) in Surat Thani, replacing two highly con- The new gas-fired power plant is scheduled to
tentious coal-fired power plant projects in the become operational between 2027 and 2029, and
southern region. it will supply electricity to southern provinces,
The THB34bn ($1.03bn) facility, to be built said Boonyanit.
in Phunphin district, is expected to receive the It will ensure power security in the region
green light in the fourth quarter of 2021 by the where power demand is on the rise, but fossil
Energy Ministry, the National Energy Policy fuel supplied to existing power plants is limited.
Council and the Ministry of Natural Resources The gas-fired power generation project is
and Environment. part of EGAT’s five-year capital spending, worth
State-run Electricity Generating Authority of THB136.4bn, to develop power plants and a net-
Thailand (EGAT) is set to build the power sta- work of transmission lines until 2025.
tion, following its months-long feasibility study EGAT also plans to team up with national
of the project. oil and gas conglomerate PTT Plc to develop an
EGAT governor Boonyanit Wongrukmit LNG receiving terminal adjacent to the power
said the project would replace controversial coal plant, said Boonyanit.
power projects in Krabi and Songkhla’s Thepha The on-ground LNG receiving terminal will
district, which are expected to be shelved. replace a floating storage regasification unit
EGAT has confirmed it will abandon plans to (FSRU) in the Gulf of Thailand. The FSRU was
build the 870-MW Krabi coal-fired TPP and the primarily aimed at feeding gas to the new power
2,200-MW Thepa TPP, along with two associ- plant in Phunphin district.
ated coal import terminals. According to EGAT, the LNG receiving ter-
Both projects have been strongly resisted by minal will be able to store 3mn tonnes per year
the local communities for over a decade. (tpy) of LNG, lower than FSRU’s annual carrying
“We will communicate with local people to capacity of 5mn tpy for imported LNG.™

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