First private sector company sells LNG in Brazil

Excelerate Energy has begun LNG deliveries from the Bahia regasification terminal in Brazil, the American floating LNG company announced on Wednesday.

The delivery comes from FSRU Excelerate Sequoia in Salvador, Brazil. The unit has production capacity of 19.8 mcm (700 mcf) per day and storage capacity of 173,000 cubic metres.

Excelerate Energy and state-run Petrobras signed a lease contract in September 2021 for the asset.

The American company has provided LNG services to Petrobras since 2012.

Recent Posts

UK allows oil exploration in North Sea wind project zones

The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More

1 day ago

ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse

ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More

1 day ago

BP-Eni joint venture Azule Energy enters Namibia’s Orange Basin

BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More

1 day ago

Chariot starts gas drilling campaign in Morocco

Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More

1 day ago

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

2 days ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

2 days ago

This website uses cookies.