New Fortress Energy Launches Barcarena LNG Terminal in Brazil
(P&GJ) — New Fortress Energy Inc. has announced the operational status of its 6 MTPA Barcarena LNG terminal in Pará, Brazil, with the Energos Celsius Floating Storage Regasification Unit (FSRU) now in operation on-site.
The commissioning of the terminal was celebrated at an event co-hosted by NFE, the state government of Pará, and the Ministry of Mines and Energy for Brazil, attended by key officials including Helder Barbalho, the Governor of Pará, and Alexandre Silveira, the Minister of Mines and Energy for Brazil.
Strategically positioned at the mouth of the Amazon River, NFE's Barcarena LNG terminal serves as the primary natural gas supply source in the state of Pará and the broader North region of Brazil. The facility, comprising an offshore terminal and FSRU, will cater to various industrial clients, including a 15-year contract with Norsk Hydro’s Alunorte refinery, the world's largest alumina refinery. Beyond industrial support, the terminal aims to reduce emissions and pollution in the environmentally sensitive Amazon region by offering a cleaner, more affordable, and reliable alternative to oil-based fuels.
NFE anticipates immediate natural gas delivery to Norsk Hydro’s Alunorte refinery under the 15-year gas supply agreement. The supply will amount to approximately 30 TBtus of natural gas annually, reducing the refinery’s CO2 emissions by an estimated 700,000 tonnes per annum and aligning with Norsk Hydro's global commitment to a 30% reduction in greenhouse gas emissions by 2030.
Furthermore, the Barcarena terminal will supply natural gas to NFE’s 630 MW power plant, currently under construction adjacent to the terminal. The power plant remains on track for completion in the third quarter of 2025, with approximately 50% of the project already completed. Additionally, NFE plans to strategically expand its power complex by 1.6 GW under the previously announced New Power Project PPA, with an expected completion no later than July 2026. NFE has applied to transfer the New Power Project PPA to a permitted site adjacent to the Barcarena terminal and expects to close the acquisition in the first quarter of 2024, pending regulatory approval.
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
Comments