Brazil’s Petrobras says hits LNG regas record

Brazil’s state-owned energy firm Petrobras said it has reached a daily regasification record as the country continues to boost LNG imports on high demand.

Brazil is turning to LNG to fuel its power plants due to a severe drought that has considerably affected hydroelectric power in the country.

Petrobras said in a statement it had reached a record of 42 million m³/day in the supply of regasified LNG in June.

This milestone, registered on June 28, enabled the total supply of 109.4 million m³/day of natural gas, one of the highest volumes in recent years, the firm said.

The total volumes include natural gas produced in the country, LNG received by the regasification terminals, and imports from Bolivia.

The volume of regasified LNG is equivalent to the entire volume of domestic production injected by Petrobras into the grid and more than double the volume of gas imported from Bolivia, according to Petrobras.

Also, Petrobras said it has adopted a set of initiatives to increase the supply of natural gas to the domestic market in this period of high demand, which began in the fourth quarter of 2020.

“In addition to the effort to increase the availability of natural gas in a scenario of water crisis in the country, Petrobras considers the importance of the energy transition and invests in natural gas as a low-carbon solution,” it said.

Most Popular

Mercuria inks long-term LNG supply deal with China’s Guangzhou Gas

Switzerland-based energy trader Mercuria has signed a long-term LNG sales and purchase agreement with China's Guangzhou Gas, a unit of Guangzhou Development Group.

BP inks LNG SPA with China’s Zhejiang Energy

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with China's Zhejiang Energy.

ConocoPhillips seals Chinese LNG supply deal

US energy giant ConocoPhillips has signed a long-term LNG supply deal with China's Guangdong Pearl River Investment Management Group.

More News Like This

Argentina’s Enarsa gets offers for LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received seven offers for its first LNG cargo tender in 2025.

Centrica seals LNG supply deal with Petrobras

UK-based energy firm Centrica has signed a 15-year LNG supply deal with Brazil’s state-owned energy firm Petrobras.

Karpowership, Petrobras ink LNG pact

Turkey’s Karpowership, part of Karadeniz, and Brazil’s state-owned energy firm Petrobras have signed a memorandum of intent to combine...

Brazil’s Petrobras reports lower regas volumes

Brazil’s state-owned energy firm Petrobras reported a 90 percent drop in its liquefied natural gas (LNG) imports in the...