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Brazil: Petrobras reaches record LNG imports in 2021

14 Jan 2022

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LNG represents about 30% of the company's total gas supply

In 2021, Petrobras reached the historic record for imports of liquefied natural gas (LNG), with the purchase of about 23 million cubic meters per day of the input. The daily record took place on 10/1/21, with the import of more than 40 million cubic meters. In the same year, LNG represented around 30% of Petrobras' total portfolio of natural gas supply, being essential to meet the demands contracted by its customers.

The brand represents a volume around 200% higher than the amount acquired in 2020, of 7.5 million m³/day. Previously, the year with the highest volume of LNG imports was 2014, with 20 million m³/day. The 2021 record is the result of the initiatives adopted by the company to expand the supply of natural gas to the market, such as, for example, increasing the capacity of the regasification terminal in Rio de Janeiro.

Petrobras imports LNG from countries such as the United States, Trinidad & Tobago and Qatar, through special ships, which transport the gas in liquid form. The input returns to a gaseous state at the regasification terminals and is then sent to customers who have natural gas commercialization contracts signed with Petrobras. The importation of LNG to meet the demands of the national gas market can also be carried out by other suppliers.

Original article link

Source: Petrobras

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