×
×
Markets & Forecasts

Brazil’s giant leap as an LNG importer

Privately owned LNG-to-power projects, such as those at Sergipe and Açu, will drive growth in Brazil’s LNG demand Privately owned LNG-to-power projects, such as those at Sergipe and Açu, will drive growth in Brazil’s LNG demand.
By Abhishek Kumar 11 February 2020 Americas / LNG 0 35012
A Sabine Pass LNG cargo arrives in Brazil. (Petrobras)

Directional impact on forecast:
Upbeat for Brazil’s LNG imports

Demand for LNG in Brazil is set to rise sharply over the coming years thanks to the government’s efforts to open up the country’s oil and gas sector to private players. Brazil has entered the new decade with an ambition to boost LNG uptake. The Golar Nanook FSRU at Sergipe commenced commercial operations in early February 2020. It followed the arrival of the BW Magna FSRU at Açu in late January.

The move will provide a...