Petrobras reaches deal with Eneva for Azulão sale

Petrobras has reached an agreement with local producer Eneva for the sale of the Azulão gas field in the onshore Amazonas Basin
By Staff reporter 23 November 2017 0 28536

Brazil’s Petrobras has reached an agreement with local producer Eneva for the sale of the Azulão gas field in the onshore Amazonas Basin, for which Eneva will pay $54.5 million.

Interfax Natural Gas Daily reported in May that Eneva was one of two likely buyers because it owns more than 200 MW of thermoelectric generation capacity, which was a precondition for the sale. Eneva’s ‘reservoir-to-wire’ project in Brazil’s northeast now accounts for 11% of the country’s installed gas-to-power capacity. 

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