Petrobras rejects third LNG regasification terminal abroad

Nov 04, 2008 01:00 AM

Brazil's federal energy company Petrobras has ruled out the possibility of building its third LNG regasification terminal outside the country.
Rumours of a third plant surfaced after Petrobras showed interest in becoming an international player in the gas sector.

"The plant will be built very close to our gas pipeline in the southern region of Brazil", Petrobras gas and energy director Maria das Gracas Foster told.
"We have yet to define the exact location, but I want to start working on the terminal early next year," she said after a presentation during an international oil and gas forum in Rio de Janeiro.

Rio Grande do Sul and Santa Catarina states, both in the southern region, are interested in hosting the Petrobras LNG terminal.
The company already has two regasification terminals, one in Pecem (Ceara state) and the other in Baia de Guanabara (Rio de Janeiro state), capable of regasifying a combined 21 mm cmpd.

The production from the third facility will largely go to fuel thermo plants.
"We'll have a third terminal, but we won't build it as fast as we did the first and the second," Foster added.

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