Page 10 - LatAmOil Week 06 2021

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BP delivered the first cargo of LNG to the gas complex in December 2020 (Photo: GNA)
This facility includes an LNG regasification an agreement that will allow it to participate in
terminal in the port of Açu in Rio de Janeiro the future expansion of the Açu Gas Hub.
State, as well as a pipeline linking the terminal This document lays the foundation for
to the TPPs, which will be known as GNA-I and the Chinese company to help build two more
GNA-II. TPPs – GNA-III and GNA-IV, which will have
This development puts SPIC in position to a capacity of 1,700 MW each – at the complex,
benefit from the launch of GNA-I, the first TPP it explained.
slated to open at the complex. This 1,300-MW According to previous reports, the total cost
plant is due to come online before the end of of establishing the four TPPs and associated
June this year and already has access to the fuel it infrastructure may hit $5bn.
will need. “The first LNG cargo, supplied by BP, GNA’s founding members are Siemens
was successfully transferred to the BW Magna (Germany), BP (UK) and Prumo, a private Bra-
floating storage and regasification unit (FSRU) zilian entity controlled by EIG Global Energy
on December 27, 2020,” the statement noted. Partners. Siemens is building the TPPs, while
GNA has not yet revealed when GNA-II, Prumo is operating the BW Magna FSRU. BP,
which will have a generating capacity of 1,700 for its part, is supplying the terminal, which can
MW, is likely to become operational. It said in its handle the equivalent of 21mn cubic metres per
statement, though, that it had secured a financ- day of natural gas, with LNG.
ing agreement worth $737mn with the Brazilian “SPIC’s contribution to this partnership is
Development Bank (BNDES) for this part of the centred on its expertise in operation and project
project. management strategy in Brazil,” the statement
Additionally, it noted that SPIC had finalised said. ™

Petrobras receives binding offers for

two refineries, prepares for first sale

BRAZIL’S national oil company (NOC) Petro- privatisation contest.
bras reported earlier this week that it had RLAM is the first oil-processing plant slated
received binding offers for two of the refineries for sale under the privatisation programme,
included in its privatisation programme. though the NOC hopes to arrange for the sale
In a statement dated February 8, the com- of all eight before the end of this year. When the
pany said it had accepted a bid from Mubadala deal is concluded, it will mark the end of Petro-
Capital (UAE/Abu Dhabi) for the Landulpho bras’ monopoly over Brazil’s refining sector.
Alves Refinery (RLAM) in Bahia State, along The NOC went on to say that it had received
with associated infrastructure facilities. binding offers for the Presidente Getúlio Vargas
Mubadala’s offer was the highest of that were Refinery (REPAR) in Paraná State. It did not
received at $1.65bn, it noted, without naming reveal any details of the bids but described them
any of the other companies participating in the all as unsatisfactory.

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