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Project Insights

Golar steps up gas hub plans for northern Brazil

The company is betting on small-scale LNG distribution to complement the region’s gas-to-power demand The company is betting on small-scale LNG distribution to complement the region’s gas-to-power demand.
By Ed O'Brien 31 October 2019 Americas / LNG 0 34737
A cargo of LNG from Sabine Pass in the US arrives in Brazil. (Petrobras)

The key issue: Golar has secured a power-purchase agreement for a 605 MW gas-fired power plant at the port of Vila do Conde in Barcarena in the northern Brazilian state of Pará, adjacent to its planned FSRU.

Interfax analysis: Plans to create a gas hub at Barcarena on the coast of northern Brazil could allow LNG to make inroads in the region.

Golar expects to accelerate investment in a new LNG terminal at Barcarena after securing a power-purchase agreement (PPA) for the construction of an adjacent...