Barcarena FSRU departs Singapore for Brazil

The 160,000-cbm, Energos Celsius, which will serve New Fortress Energy’s FSRU-based LNG import terminal in Barcarena, has left Seatrium’s yard in Singapore and is on its way to Brazil.

Seatrium announced on Friday the delivery of the converted FSRU to NFE.

NFE sold this LNG carrier and ten other vessels last year to a joint venture it formed with compatriot asset manager Apollo.

Apollo owns 80 percent in Energos Infrastructure and NFE holds the rest.

The 2013-built vessel, previously known as Golar Celsius, is on long-term charter to NFE in Brazil.

Seatrium said the conversion of the FSRU was completed on time and within budget, and the unit has departed the Seatrium shipyard for Brazil.

Energos Celsius was on Friday still anchored offshore Singapore, its AIS data provided by VesselsValue shows.

Energos Celsius will have a nominal regasification capacity of 750 million standard cubic
feet per day (mmscfd), up to a maximum capacity of 1,000 mmscfd.

It will subsequently be deployed at NFE’s completed LNG terminal in Barcarena, Para state, Brazil, Seatrium said.

This LNG import terminal will be the first LNG import facility in the state of Para and the Northern region of Brazil, it said.

Barcarena terminal and power plant

NFE said in August it completed the 3 mtpa Barcarena terminal worth about $700 million and the firm planned to ship first gas supplies to Norsk Hydro at the end of this year.

Besides an FSRU, the terminal located at the mouth of the Amazon River in Para includes a jetty, a three kilometers long pipeline, and a gas conditioning station that will initially serve Norsk Hydro.

In December 2021, NFE and Norsk Hydro finalized a 15-year deal to supply regasified LNG to the Alunorte alumina refinery in Brazil.

NFE is also also building the 605 MW Barcarena power plant and this facility will also receive regasified LNG from the Barcarena terminal and deliver power under 25-year power purchase agreements linked to JKM.

In November, NFE secured financing to complete construction of the Barcarena power plant, which is about 37 percent complete.

The power plant, located adjacent to NFE’s LNG import terminal, is “on schedule” to start operations in the third quarter of 2025 under a 25-year PPA with several electricity distribution companies in Brazil, it said.

NFE also said in November the conversion of the Energos Celsius from an LNG carrier to an FSRU “remains on schedule” for November completion, before delivery and first gas to customers at the Barcarena import terminal beginning at year end 2023.

Besides the Barcarena facility, NFE said in November that its LNG import terminal in Santa Catarina, Brazil will start commercial operations in January 2024.

NFE has executed a definitive deal to charter the 138,250-cbm FSRU Energos Winter from Brazil’s state-owned energy firm Petrobras starting in December 2023.

This FSRU, also owned by Energos Infrastructure, will serve the Santa Catarina terminal.

Most Popular

LNG shipping rates continue to decrease

Spot LNG freight shipping rates in both basins continued to decrease this week, while European prices increased compared to last week.

US LNG exports climb to 34 cargoes

US liquefied natural gas (LNG) plants shipped 34 cargoes during the week ending April 16. According to the Energy Information Administration, pipeline deliveries to the LNG terminals increased compared to the prior week.

GTT secured orders for nine LNG carriers in Q1

French LNG containment giant GTT received orders for nine liquefied natural gas carriers in the first quarter, while its revenue rose 31.6 percent compared to the same period last year.

More News Like This

Excelerate in $700 million senior notes offering

US FSRU player Excelerate Energy aims to raise about $700 million via an offering of unsecured senior notes due 2030.

Excelerate buys NFE’s Jamaica business for $1.05 billion

US FSRU player Excelerate Energy has entered into a definitive agreement with compatriot LNG player New Fortress Energy to acquire NFE’s business in Jamaica for $1.055 billion in cash.

NFE amends Puerto Rico gas supply contract

US LNG player New Fortress Energy has amended its recently extended 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authority.

NFE shipped 12 Altamira LNG cargoes

US LNG firm New Fortress Energy has shipped 12 liquefied natural gas cargoes from its FLNG project off Mexico's Altamira since August last year, while the company continues to move forward with work on its second unit, which will be installed onshore Altamira.