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    Petrobras again calls bidders to lease an LNG terminal

Summary

Petrobras failed to attract any bids during its last effort in February.

by: Daniel Graeber

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Natural Gas & LNG News, Americas, Liquefied Natural Gas (LNG), Corporate, Contracts and tenders, News By Country, Brazil

Petrobras again calls bidders to lease an LNG terminal

Brazilian energy company Petrobras said April 15 it issued a call for a second bidding process for leasing its Bahia LNG regasification terminal and associated infrastructure.

Pre-qualified companies are invited to bid for leases of the facility’s island pier that can accommodate berthing of a floating storage and regasification unit (FSRU). Included in the lease is midstream infrastructure that is connect to two delivery points at the LNG terminal.

“The leasing is aligned with the company's strategy of improving its capital allocation and building a favourable environment for new investors to enter the natural gas sector,” the company, formally known as Petroleo Brasileiro, said.

Petrobras has struck out so far with its efforts to draw bidders to the import terminal, attracting no interest during its last try in February.

The Bahia terminal can import up to 700mn ft3/day, or 7.2bn m3/yr, of gas and is connected to two onshore delivery points via a 45-km pipeline. The leasing contract does not cover the terminal's floating storage and regasification unit, but extends to all other infrastructure, including power generation and supply equipment at an onshore gas-fired electricity station at the Madre de Deus Waterway terminal.

Among the pre-qualified companies are Repsol LNG, BP Energy do Brasil, Compass gas e Energia, Total Gas & Eletricidade do Brasil, Eneva, Shell, Excelerate Energy and BG do Brasil.