Excelerate Energy FSRU Starts Operations in Brazil

(OE) Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil. Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing regasification services at TR-BA. The terminal has a regasification capacity of... Continue Reading →

Petrobras on social program focused on LPG

Petróleo Brasileiro S.A. – Petrobras, following up on the release from 09/29/2021 on the creation of a social program focused on liquefied petroleum gas (LPG), informs that it has approved the delivery of 300,000 grants to support the acquisition of cooking gas canisters by families in a situation of social vulnerability by December 2021. In... Continue Reading →

Petrobras on the lease of the Bahia LNG Terminal

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/28/21, informs that it has signed the Instrument of Acceptance provided for in the contract and transferred, this Saturday (12/04), the operation of the Bahia Liquefied Natural Gas Regasification Terminal (TR-BA) to Excelerate Energy Comercializadora de Gás Natural (Excelerate). The agreement was signed... Continue Reading →

Brazil produced 3,606 MMboe/d in October

The national production of oil and natural gas in October totaled 3,606 MMboe/d (million barrels of oil equivalent per day), with 2,777 MMbbl/d (million barrels daily) of oil and 132 MMm3/d (million cubic meters) of natural gas. There was a 7.4% reduction in oil production compared to the previous month and 3.3% compared to October... Continue Reading →

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