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.

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