Brazilian government considers 2nd gas pipeline between Brazil and Bolivia

Oct 06, 1999 02:00 AM

The Brazilian federal government disclosed plans of building a 2nd gas pipeline between Brazil and Bolivia. The government aims to increase the natural gas participation in the country's energy consumption from the current 3 % to 12 % over a 10-year term. Besides, the use of natural gas by thermoelectric plants will increase from 9 % to 19 % over the period.
The government also announced the conclusion of negotiations for the construction of a thermoelectric plant in Macae, State of Rio de Janeiro, by Eletrobras, Petrobras, Cerj, Light and Escelsa. The plant will demand investments of $ 350 mm to generate 720 MW. It will be supplied with natural gas at $ 1.94 per 1 mm BTU.
The government also assured that it will be signing contracts for the construction of the Cachoeira Dourada (125 MW) and Reduc (480 MW) thermoelectric plants in Rio de Janeiro.
The government's goal is to increase Brazil's overall power generating capacity from 63,700 MW by the end of 1999 to 104,000 MW by the end of 2009.

Source: Sabi via Newspage
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