LNG

Brazil is seeking more natural gas to meet rising gas-fired power needs and has held talks with Argentina and Bolivia on reversing pipeline flows to transport Argentinian supplies from the Vaca Muerta shale-gas basin.

Excelerate Energy, the US floating LNG import terminal company, is helping to stabilize the flow of supplies to Brazil through 2022 with a deal to deploy one of its existing floating storage and regasification units (FSRUs) to the port of Salvador in the northeast state of Bahia.