Brazilian LNG import terminal now online
01 March 2024
New Fortress Energy’s site has 6MTPA capacity
New Fortress Energy has begun operation of its Terminal Gas Sul (TGS) LNG terminal in Santa Catarina, Brazil, with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site.
TGS is an offshore LNG import terminal with a capacity of approximately 6 MTPA (300 TBtu) and maximum send out of 500 mmscf/day. The terminal includes the Winter FSRU and a 33-km, 20-in. pipeline, which connects the facility to the existing inland Transportadora Brasileira Gasoduto Bolívia-Brasil (TBG) pipeline.
The company said TGS presents a high-growth opportunity for the company within the Brazilian power and gas markets. The terminal is connected by pipeline to the wider Brazilian gas market, including more than 3.5 GW of power that does not have firm, long-term gas supply contracts and more than 300 TBtu of industrial and residential gas consumers in the south region of Brazil.
The company said both power and gas demand are set to substantially increase, while the historical main source of gas supply from Bolivia has declined and is expected to further diminish in the near term.
“TGS is directly connected to more than 3.5 GW of existing power infrastructure that lacks firm supply agreements, making the terminal a key asset in Brazil’s evolving energy landscape. With numerous new power projects required to balance the grid in Brazil in the near term, NFE is poised to meet growing demand by leveraging its vertically integrated portfolio of LNG assets and expertise,” said Wes Edens, Chairman and CEO of New Fortress Energy.