New Fortress Energy’s 6 million tonnes per annum Barcarena LNG terminal in Pará, Brazil, is now operational with the Energos Celsius floating storage regasification unit on-site (FSRU), according to a Feb. 29 press release.
Barcarena serves as the sole natural gas supply source in the state of Pará and northern Brazil, the release states. The facility consists of an offshore terminal and an FSRU that will supply LNG to several customers, including a 15-year supply agreement with Norsk Hydro’s Alunorte alumina refinery.
New Fortress says it will supply the alumina with 30 TBtu of natural gas annually to reduce the refinery’s CO2 emissions by about 700,000 tonnes per annum.
The Barcarena terminal will also supply natural gas to New Fortess’ 630-megawatt power plant, which is currently 50% complete and adjacent to the terminal. The power plant is on track to achieve completions operations date in third quarter 2025.
Recommended Reading
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
E&P Highlights: April 15, 2024
2024-04-15 - Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.
New Permian Math: Vital Energy and 42 Horseshoe Wells
2024-05-10 - Vital Energy anticipates making 42 double-long, horseshoe-shaped wells where straight lines would have made 84 wells. The estimated savings: $140 million.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
The ‘Necessary Evil’ of Four-mile Laterals
2024-05-23 - While extended length lateral wells can lead to massive profits, the risk might not always be worth it. At Hart Energy’s SUPER DUG, Diamondback Energy, SLB, NOV and others weighed the risk and rewards of drilling three- and four-mile laterals.