LNG

OnCorp is accelerating pre-commissioning works at the Suape floating storage and regasification unit (FSRU) in Pernambuco, Brazil, targeting an operational startup by the end of March or early April 2026. The timeline hinges, however, on finalizing a 15-year gas supply agreement with the adjacent Termopernambuco power plant.

Substantial upstream investment in Vaca Muerte shale is meant to help Argentina evolve from seasonal floating liquefaction to a multi-phase LNG exporter. To that end, state-controlled YPF plans to channel $3.3 billion into Vaca Muerta shale, with recent FIDs on two FLNG units in the Gulf of San Matías and associated infrastructure.

Brazilian energy regulators said a total of 17 oil and gas companies are registered to take part in one of the most lucrative auctions ever for licences set for November 7 and with prospects of raising US$50 billion for the South American nation from the blocks offered for oil fields with associated gas.

Sept 17 (LNGJ) - Sembcorp Marine of Singapore said its wholly-owned and operated Brazilian subsidiary, Estaleiro Jurong Aracruz (EJA), has crossed a significant operational milestone with the completion of its first floating production, storage and offloading (FPSO) project. The P-68, a newbuild FPSO vessel, has left the Brazilian shipyard and will be deployed to the ultra-deepwater Berbigao and Sururu fields in Brazil’s Santos Basin.

   Sembcorp. said the vessel was constructed for Tupi BV, a consortium comprising Brazil’s Petrobras, France’s Total, Shell and Galp-Sinopec Brazil Services. EJA’s P-68 work scope includes fabricating six modules, pipe-racks and a flare, and integrating them on the vessel.

One-in-five LNG cargoes setting sail from Sabine Pass are heading to Mexico this year while demand from Argentina and Brazil remains sluggish. Mexico imported 29 cargoes from the US in H1-2018, according to data from the U.S. Department of Energy (DoE).

Jan 12 (LNGJ) - Norway-based aluminium company Hydro has signed accords with the northern Brazilian state of Para and the Brazil unit of Royal Dutch Shell for imported LNG to replace fuel oil consumption at the Alunorte alumina plant, the largest in the world. The agreements were signed in the city of Belem by Hydro Chief Executive Svein Richard Brandtzaeg and the other parties. Hydro said the accord with Shell outlines terms for delivery of LNG and the establishment of necessary infrastructure close to the Alunorte plant. “Hydro aims to be carbon neutral from a life cycle perspective in 2020,”said Hydro CEO Brandtzaeg. Alumina is used as a refined compound for the smelting of aluminium metal.

AG&P has intensified talks with private developers of LNG facilities that can deliver 5 to 20 MW of decentralised power. “The rule-of-thumb for LNG is $1 million/MW for small-scale projects,” president Albert D. Altura said commented.

Aug 19 (LNGJ) - Brazilian energy company HRT is in talks with Russia's Rosneft and Brazil's state-owned Petrobas about a work plan for the monetization of for the monetization of gas in the Solimoes basin in the Amazonian jungle through LNG.

"In the coming months, [we] will establish the steps and responsibilities, prioritizing the options in the scope of natural gas converted to LNG and the electric power generation, both of which are critical inputs for the development of the region and the country," HRT said in a report.