Page 12 - LatAmOil Week 35 2021

LatAmOil BRAZIL LatAmOil

TBG manages a 2,593-km pipeline that carries
natural gas from Bolivia through five southern
Brazilian states. For its part, TSB operates two
pipelines in the far southern Brazilian state of
Rio Grande do Sul, which borders neighbouring
Argentina and Uruguay.
In January, Washington-based EIG sold a
27.5% stake in the Gasbol operator to Fluxys
Belgium. TBG’s midstream network has a
throughput capacity of about 30mn cubic
metres per day and handles gas imported from
Bolivia, as well as gas extracted from Brazil’s off-
shore pre-salt fields.
EIG-managed funds have committed TBG handles natural gas imports from Bolivia (Image: Petrobras)
to more than $2bn in energy-related infra-
structure projects in Brazil in the last decade. development at the Port of Açu, in the Brazilian
Meanwhile, EIG itself has been involved in state of Rio de Janeiro.
the Brazilian energy market for more than Through GNA, EIG is also investing in the
two decades. In addition to TBG, EIG has GASINF, GASOG and GASOFF pipelines,
invested in Gas Natural Açu (GNA), a planned which connect offshore pre-salt gas fields and
LNG terminal, gas and power hub with 6.4 LNG imports to Brazil’s domestic gas transpor-
GW of gas-fired generating capacity under tation network. ™

Shell signs first gas supply contract

with private company in Brazil

A Brazilian subsidiary of Royal Dutch Shell
(UK/Netherlands) has become the first private
company to sign a supply contract with a local
natural gas distributor.
The two-year agreement was signed between
Shell Energy Brasil and Companhia Pernambu-
cana de Gás (Copergas), a distributor based in
the northeastern state of Pernambuco. It pro-
vides for the former company to supply the latter
with 750,000 cubic metres per day of gas in 2022
and 1mn cubic metres per day in 2023, Shell
Energy Brasil said in a press statement.
“For Shell Brasil, this first agreement with a
state natural gas distributor is a demonstration
of confidence in our supply,” commented Andre
Araujo, president of Shell Brasil. The deal also
“increases the number of potential suppliers in
the Brazilian market and helps to reinforce the
country’s energy security with more natural
gas ... and enables gas supply from the pre-salt
[fields in the offshore zone] to the state of Per-
nambuco,” he added.
Araujo also indicated that he expected the
supply deal to support growth and industrialisa-
tion in Pernambuco. Gas is a “strategic input” for Shell is the first company to sign a gas supply deal of this type (Image: Copergas)
several sectors of the local economy, he added.
Copergas launched a procurement round Andre Campos, the president of Copergas,
last September with the objective of diversifying commented: “Copergas, in addition to diver-
its fuel suppliers and seeking more competitive sifying its suppliers, seeks to provide its users
prices. Eight companies signed up to participate with greater competitiveness and price stability,
in the bidding contest, and they submitted a in the face of oil fluctuations in the international
total of 18 proposals. market.”

P12 www. NEWSBASE .com Week 35 02•September•2021