Brazilian state giant Petrobras will struggle to boost utilisation rates at its three LNG terminals unless the authorities tweak regulations to improve the terms of access, industry figures have said.
Petrobras has worked to increase access to its terminals since 2012 but has struggled to make the proposition commercially viable, Petrobras Gas and Power Manager Alvaro Tupiassu told the Argus Latin American LNG Summit in Rio de Janeiro on Thursday.
"The possibility of adding [new players] depends on changing our legal and regulatory framework, and tax legislation,"...
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