Petrobras and BG Group Sign LNG Supply Agreements

Source: www.gulfoilandgas.com 6/2/2008, Location: South America

Petrobras and BG Group signed two Liquefied Natural Gas (LNG) supply agreements to meet the demand of the LNG import terminals which Petrobras is deploying in Pecem (CE) and in the Guanabara Bay (RJ). The agreement foresees the delivery of a load to commission the Pacem Terminal next July. This will be the first load of LNG the country will receive and it will inaugurate Petrobras’ operations as an agent in the international liquefied natural gas market.

The other agreement calls for flexible LNG load deliveries in order to allow Petrobras to define, for each load, which terminal the product will be delivered to. The agreement also allows LNG supplies to be adjusted to the Brazilian market demand.

This contractual arrangement confirms Petrobras’ strategy of establishing LNG supply agreements that ally delivery guarantee to flexibility. The goal is to keep offer flexible, in line with the flexible demand, a marking characteristic of the Brazilian market.


Canada >>  7/29/2022 - Pacific Energy Corporation Limited (Pacific Energy) and Enbridge Inc. (Enbridge or the Company) announced an agreement to jointly invest in the constr...
Italy >>  7/25/2022 - - The aim is to leverage on infrastructure and know-how of both companies, thereby contributing to decarbonisation of transport and off-grid users

United States >>  7/23/2022 - ION Commodities, the global leader in Energy and Commodity management solutions, is delighted that Golden Pass LNG, owned by affiliates of QatarEnergy...
Japan >>  7/15/2022 - INPEX CORPORATION (INPEX) and Sakata Natural Gas Co., Ltd. (Sakata Natural Gas) jointly announced they entered into an agreement on the carbon neutral...

United States >>  7/14/2022 - ConocoPhillips announced a potentially significant expansion of its global liquefied natural gas (LNG) business through investment in a new large-scal...
United States >>  7/11/2022 - Marathon Petroleum Corp’s Trans-Foreland Pipeline Co unit wants more time to convert the Kenai liquefied natural gas (LNG) export plant in Alaska into...

Related Categories: Deodorization system  Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Related Articles: Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.